Egypt affirms gas deal with Israel is commercial, not political

masrawy.com (Arabic)

Egypt's gas deal with Israel is purely commercial, not political, and Egypt will not yield to pressure. The $35 billion deal over 15 years involves Chevron, with Egypt gaining an estimated $11 billion from re-exports. Israeli gas constitutes only 12-13% of Egypt's needs. Egypt's political stance on Palestine remains unchanged, rejecting forced displacement despite significant pressure.


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