In landmark deal signed in Cairo, Israel to export natural gas, via Egypt, to Europe


(Worthy News) – , and the signed a memorandum of understanding on Wednesday in Cairo that will see Israel export its natural gas to the bloc for the first time.

The landmark agreement will increase liquified natural gas sales to countries, which are aiming to reduce dependence on supply from in the wake of its invasion of .

Last year, the EU imported roughly 40 percent of its gas from Russia. It has faced energy difficulties since imposing sweeping on Moscow. [ Source: Times of Israel (Read More…) ]

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