Israel To Approve $35B Gas Export Deal With Egypt Amid U.S. Pressure

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Israel is expected to approve a $35 billion gas export deal with Egypt, driven by pressure from the US, which will see Israel export 130 billion cubic meters of natural gas from the Leviathan field to Egypt.

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Market impact analysis based on bullish sentiment with 74% confidence.

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Bullish
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74%

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Israel is expected to approve its $35 billion gas export with Egypt, worth an estimated $35 billion, amid pressure from the Trump administration. Under the deal, Israel will export 130 billion cubic meters of natural gas from the Leviathan gas field to Egypt with partners Chevron Corp. (NYSE:CVX), NewMed Energy (OTCPK:DKDRF)(TASE: NWMD) and Ratio Petroleum Energy (TASE: RTPT) guaranteeing a set price for the domestic economy. Previously, Egyptian Prime Minister Mostafa Madbouly announced that the supply agreement was extended until 2040. However,…

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المقال الكامل على OilPrice.com
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المقال الأصلي منشور بواسطة OilPrice.com في ديسمبر 9, 2025.
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