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Egypt, Israel and the EU sign gas export agreement
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CAIRO, 16 June 2022, (TON): Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla, Israeli Minister of Energy Karine Elharrar and EU Commissioner for Energy and Climate Kadri Simson signed a tripartite memorandum of understanding on cooperation in the field of trade, transport and export of natural gas.
The Egyptian minister stated “the signing represents a very important step that can be built upon to achieve further cooperation between the forum’s member states, while the Israeli minister referred to the memorandum.”
She added “the fruitful cooperation enables optimal exploitation of the region’s potential and supports the role of Egypt and Israel as important players in the gas market.”
She said “represents an opportunity for everyone to cooperate, especially since the signing of the memorandum comes at a difficult time for the European Union, which is looking to secure reliable sources of energy supplies in light of the current changes we are witnessing.”
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