Category: Egypt
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Leviathan Gas Deal
The Leviathan natural gas field, located off Israel’s Mediterranean coast with reserves of approximately 600 billion cubic meters (bcm), has signed a $35 billion deal to supply Egypt with 130 bcm of natural gas through 2040, marking Israel’s largest export agreement to date. The deal, announced on August 7, 2025, by NewMed Energy (a 45.3%…