The partners in Israel’s Leviathan & Tamar offshore gas fields planned to sell $15 billion worth of natural gas to an Egyptian customer, Dolphinus Holdings, but last month 34% more gas was requested, now estimating the deal worth $20 billion.
A deal that would transfer control of a natural gas pipeline between Israel and Egypt is expected to be closed in the next few days, the companies said on Sunday.
Texas-based Noble Energy, Israel’s Delek Drilling and Egyptian East Gas Co have partnered in a venture called EMED, which last year agreed to buy a 39% stake in the subsea EMG pipeline for $518 million that will carry Israeli gas exports to Egypt. Continue Reading »
In a yet-to-be-aired news program, Egyptian President Abdel Fattah el-Sisi admitted the two countries were cooperating to eliminate ISIS militant jihadists operating in the Sinai peninsula, “We have a wide range of cooperation with the Israelis,” al Sisi said in the interview.
Military cooperation between Egypt and Israel has reached unprecedented levels in the Sinai Peninsula, Egyptian President Abdel Fattah al-Sisi said in an interview with CBS News.
When asked by CBS if this security cooperation with Israel was the closest ever between two countries that once were enemies, he said “That is correct…we have a wide range of cooperation with the Israelis.” Continue Reading »
Israel’s Delek Group, Noble Energy are acquiring 40% of the Egypt-Israel gas pipeline with rights to operate it, enabling the Israeli companies to pump gas to Egypt as early as this year, assuming it will still be in demand.
By Lior Gutman
After several weeks of frantic negotiations, the Israeli drilling companies Delek Drilling LP, Noble Energy Inc., and the Egyptian East Gas Co. signed a deal to buy a 39% stake in the EMG pipeline to export natural gas to Egypt starting next year, the partners said on Thursday.
Israel’s Energy Minister Steinitz said the deal marked a ‘very important milestone’
Talks about a future Israeli-Egyptian gas deal were reported a few months ago by Calcalist. Continue Reading »
Palestinian official says PM Netanyahu met with the Egyptian president for a clandestine meeting in Cairo, then returned immediately back to Jerusalem. – Israel’s Prime Minister’s Office declines to comment.
By Itamar Eichner
Prime Minister Benjamin Netanyahu held a clandestine meeting in May with Egyptian President Abdel Fattah al-Sisi, according to a foreign diplomatic source.
The Prime Minister’s Office did not immediately comment on the report.
PM Netanyahu with President al-Sisi in 2017 – Photo: Avi Ohayon/GPO
According to Channel 10 News, the meeting took place on May 22 when Netanyahu flew with a small delegation of advisors and security guards. Continue Reading »
A London-based Arabic daily reported Wednesday that the Saudi Crown Prince discussed normalizing Israeli-Saudi ties and President Trump’s planned “deal of the century” with Israeli officials in Egypt. • The Saudis reportedly also invited Israel to join in the unprecedented ‘mega-city venture’ in the Gulf of Aqaba.
By Israel Hayom Staff
Saudi Crown Prince Mohammed bin Salman met with senior Israeli officials during his visit to Egypt this week, the London-based Arab newspaper Al-Araby Al-Jadeed reported on Wednesday.
The report said the meeting focused on the normalization of ties between Israel and Saudi Arabia, and included Saudi Arabia’s commitment to the “deal of the century,” the Middle East peace plan being devised by U.S. Continue Reading »
Egyptian President al-Sissi praised the $15 billion natural gas arrangement with an Israeli energy company that will facilitate Egypt’s move into a regional energy hub with the purchase of 64b m³ of gas to Egypt’s Dolphinus Holdings over 10 years.
By The Associated Press
The Egyptian president declared that his country “scored a goal” by signing a $15 billion deal with an Israeli company to supply natural gas that will help turn Egypt into a regional energy hub.President Abdel Fatah al-Sissi’s televised remarks were the first high-level comments on the deal that fueled controversy on social media.
The operators of Israel’s Tamar and Leviathan natural gas fields have signed decade-long contracts to sell $15 billion worth of natural gas to Egypt, according to a statement from Delek Drilling on Monday.
Israel announces new agreement to export natural gas to Egypt, February 19, 2018./GPO – TRANSLATION: “I welcome the historic agreement now published on the export of Israeli gas to Egypt. This will bring billions into the coffers of the state, in favor of the education, health and welfare of Israeli citizens. Continue Reading »
NEW YORK – Egypt has allowed Israel to conduct more than 100 air strikes in northern Sinai in an effort to root out terrorists affiliated with Islamic State, The New York Times reported on Saturday.
For more than two years, unmarked Israeli drones, helicopters and jets have carried out a covert air campaign in the area with the approval of Egyptian President Abdel Fattah al-Sisi, who has struggled to contain the deadly threat in the restive peninsula, according to the report. Continue Reading »
Egyptian officials says that since many other renowned Muslims in the region have acknowledged that Jerusalem doesn’t really hold much religious significance for Islam, there’s really no reason why the Palestinians can’t accept Ramallah as their capital.
By Israel Today Staff
In a hushed, roundabout way, Egyptian authorities are pressing the Palestinians to accept US President Donald Trump’s recognition of Jerusalem as the capital of Israel as the new reality.
A senior intelligence officer speaking on behalf of Egypt’s defense establishment was taped phoning a number of popular local television talk show hosts to encourage them to deliver that message to their viewers. Continue Reading »
Having become successively involved in recent efforts to stabilize the situation in Gaza, in bringing about a Fatah-Hamas reconciliation, Egypt reaches out to PM Netanyahu, offering his services to do likewise vis-à-vis the Israel-Palestinian conflict.
Causing friction with Egyptian President al-Sissi, the PA autocrat Abbas rejected the Arab led regional peace summit, using Israel as an excuse, spouting, ‘Israel wasn’t serious about peace’.
Some Arab Quartet states stopped their donations in mid-2016 in order to pressure PA President Mahmoud Abbas to initiate political reforms that will lead to peace with Israel. – IsraelandStuff/PP
Palestinian President Mahmuod Abbas opposed attempts made last year to hold a regional peace summit hosted by Egyptian President Abdel-Fattah al-Sissi with the participation of other Arab leaders, Haaretz reported Sunday.
Palestinian sources told Haaretz that an offer made by President Sissi to host a summit in Egypt angered President Abbas as he thought the Israeli government would not be serious about the peace initiative in negotiations. Continue Reading »
Although the anti-Israel resolution adopted by the UN Security Council has no immediate practical ramifications, it could pave the way for lawsuits against Israel at the ICC, the EU and others could initiate sanctions against any Israeli company or institution seen as violating resolution, and of course this resolution legitimizes boycotts on all settlement products, services, and organizations.
By Itamar Eichner
The UN Security Council’s Resolution 2334, which was adopted on Friday, may not have immediate practical ramifications, but it could open the door to lawsuits against Israel at the International Criminal Court (ICC) in The Hague and for sanctions to be imposed on Israel—both by the UN and by individual countries. Continue Reading »
Israeli officials are fuming at President Obama. “The US administration secretly cooked up with the Palestinians an extreme anti-Israeli resolution behind Israel’s back which would be a tail wind for terror and boycotts and effectively make the Western Wall occupied Palestinian territory.” – In betraying Israel in such an unprecedented way, Obama was also forcing a new, anti-Israel policy, on the upcoming Trump presidency.
By Elior Levy and Roi Kais
An Israeli official on Friday accused President Barack Obama of colluding with the Palestinians in a “shameful move against Israel at the UN” after learning the White House did not intend to veto a Security Council resolution condemning settlement construction in the West Bank and east Jerusalem the day before. Continue Reading »
Diplomats expose the Obama administration for planning to allow the anti-Israel resolution, a unilateral move by Abbas’ Palestinian Authority, that sought to bypass direct peace talks with the Jewish state and undermine Israel by classifying Jewish home construction in Judea & Samaria and parts of Jerusalem as illegal.
By Elad Benari
The United States was planning to abstain from the vote at the UN Security Council on a resolution which would have called on Israel to halt “settlement building”, U.S.-based media outlets reported on Thursday.
Several diplomatic sources told NBC News that the outgoing Obama administration had planned to abstain from the vote, which would have been seen as a slight to Israel. Continue Reading »
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