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Israel To Approve $35B Gas Export Deal With Egypt Amid U.S. Pressure
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Why This Matters
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.
Market Impact
Market impact analysis based on bullish sentiment with 74% confidence.
Sentiment
Bullish
AI Confidence
74%
Article Context
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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,…
Original article published by
OilPrice.com
on December 9, 2025.
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Analysis and insights provided by AnalystMarkets AI.