'A big step forward!' EU signs gas deal with Israel, Egypt in bid to phase out Russian energy - YouTube

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16 Jun 2022

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European Commission President Ursula von der Leyen hailed “a big step forward in the energy supply to Europe“, when witnessing a gas export deal signed Wednesday among EU, Israel and Egypt in Cairo. The Israeli gas is expected to be sent to liquefaction plants in Egypt, then shipped north to markets in Europe the first time in Israeli history. Under the framework deal, the EU will also encourage European companies to take part in Israeli and Egyptian exploration tenders.

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