Netanyahu announces $35 billion Israeli gas deal with Egypt

Israeli Prime Minister Benjamin Netanyahu confirmed a near $35 billion gas export deal with Egypt on December 17th, claiming it was the biggest gas deal in his country’s history, according to a report from The New Arab plus agencies.

During a televised statement, Netanyahu said: “The deal is worth 112 billion shekels ($34.7 billion). Of this total, 58 billion shekels ($18 billion) will go to the state coffers.”

Energy Minister Eli Cohen, who was present during the announcement, added it was also the “largest export deal in the state’s history.”

The New Arab plus agencies