Israeli Prime Minister Benjamin Netanyahu has publicly confirmed the approval of a major natural gas export agreement with Egypt, valued at a substantial US$35 billion. The announcement marks a significant milestone in the energy partnership between the two nations.
Details of the Landmark Energy Agreement
The deal, which received final approval from the Israeli government, involves the long-term supply of natural gas from Israel's offshore fields to Egypt. Netanyahu made the announcement on December 17, 2025, underscoring the economic and strategic importance of the pact for Israel's energy sector and its foreign relations.
This agreement solidifies Egypt's role as a key regional energy hub. It leverages existing infrastructure, including pipelines and liquefaction facilities, to facilitate the export of Israeli gas to international markets, primarily through Egyptian terminals.
Strategic and Economic Implications
The $35 billion deal represents one of the largest energy contracts in Israel's history. It promises substantial revenue for the state and strengthens the country's position as an emerging natural gas exporter in the Eastern Mediterranean.
Beyond economics, the pact carries considerable diplomatic weight. It reinforces the stability of the peace accord between Israel and Egypt and demonstrates how energy cooperation can serve as a pillar for broader regional ties, even amidst a complex geopolitical landscape.
A Confirmation of Long-term Partnership
Prime Minister Netanyahu's announcement formalizes negotiations that have been underway for an extended period. The scale of the investment highlights the long-term commitment from both sides to this energy corridor.
For Egypt, the agreement ensures a steady supply of natural gas to meet growing domestic demand and supports its ambitions to become a major player in the European and global energy market. The deal is seen as a win for energy security and economic development for both nations involved.
