of Christoforos Christofis
Benjamin Netanyahu, Prime Minister of Israel
Today we have a celebration!
With this phrase and a big smile, Netanyahu welcomes the historic mammoth deal for the sale of natural gas by companies operating in the Israeli EEZ to Egypt's Dolphin Energy.
The $ 15 billion deal was signed between Delek-Noble and Dolphin to supply the Egyptian market with 7 billion cubic meters of gas a year from Tamar and the first phase of extraction from Leviathan.
For the transportation of natural gas, the companies are reportedly considering various scenarios, including the Eastern Mediterranean gas pipeline and the Arab pipeline through Jordan.
Benjamin Netanyahu, Prime Minister of Israel
It must be understood that this will bring billions to the country and contribute to the education, health and well-being of the people of Israel. Many people did not believe in the government's plan for gas. We made this decision knowing that this would strengthen our security, our economy and our regional relations. But above all, it will strengthen the people of Israel.
A huge step that finally opens the way for the normalization of diplomatic relations between the two countries. This is something that Nicosia is approaching positively, believing that it will make a decisive contribution to achieving the goal of forming a multilateral energy regional alliance.
In any case, diplomatic sources believe that this is a good deal - which does not affect the negotiations for the sale of natural gas hidden by "Aphrodite".