The volume of gas promised to estimated to be worth $15 billion.
The necessary infrastructure still has to be constructed. There is one pipeline in existence, which was used in the past to transfer gas in the opposite direction, from Egypt to Israel. It is also possible that the gas will go via Jordan to Egypt. There are also considerations as to whether to build a new pipeline directly between the two countries.
Israel is aspiring to take on the role of major natural gas provider for the region. If neighboring countries that were previously enemies become involved in economic cooperation with Israel, the probability of armed conflict is...
Become a Member
-
Read all member content
Get exclusive in-depth reports from Israel.
-
Get exclusive in-depth reports from Israel
Connect with Israel, right from your home.
-
Lift up the voice of truth and hope
Support Jerusalem-based Zionist journalism.
Already a member? Login here.
