Daily Digest Online

Israeli Prime Minister Benjamin Netanyahu has announced the approval of a landmark $35 billion natural gas export agreement with Egypt, solidifying a key strategic partnership and reshaping the energy map of the Eastern Mediterranean. The deal, hailed by Netanyahu as "the largest gas deal in Israel's history," involves the sale of approximately 130 billion cubic meters (BCM) of natural gas to Egypt over 15 years, with deliveries projected to run through 2040. The gas will primarily flow from Israel's massive offshore Leviathan and Tamar fields, operated by the US energy giant Chevron, via expanded subsea pipeline infrastructure. Strategic Implications: A "Cold Peace" Warms Beyond the immense economic value, both governments framed the deal as a cornerstone of regional stability. "It will bring billions into the state’s coffers for the benefit of Israel’s citizens... But beyond the money, it strengthens the political and security ...