Israel and Egypt agreed to build a new gas pipeline

The gas produced at the Leviathan field will be supplied to plants in Egypt for liquefaction, follows from an agreement between the Israeli Energy Minister and the Egyptian Minister of Oil and Mineral Resources.
Israel and Egypt on Sunday, February 21, agreed to build a new gas pipeline. The agreement was reached at a meeting in Jerusalem between Israeli Energy Minister Yuval Steinitz and Egyptian Oil and Mineral Resources Minister Tariq al-Mullah.
The document stipulates that the gas produced from the Mediterranean Leviathan field will be supplied to Egyptian liquefaction plants, said an Israeli government spokesman, who did not want to be named. The project aims to increase gas exports to Europe, he added.

The Leviathan field in the Eastern Mediterranean off the Israeli coast was discovered in 2010. Experts estimate its natural gas reserves at 535 billion cubic meters. In January 2020, Israel began exporting gas produced from Leviathan to Egypt via the EMG pipeline between Israeli Ashkelon and Egyptian El Arish. At the time of publication, it remains unknown whether the new pipeline will be connected to EMG or will directly link the field to Egypt.