Israel’s National Infrastructure, Energy and Water Resources Minister Yuval Steinitz has signed the paperwork for Israel to begin exporting natural gas to Egypt from its Tamar and Leviathan fields in January, Israel business daily Globes reported on Monday.
“For the first time in its history, Israel is becoming an energy exporter. This is the most important economic cooperation between Israel and Egypt since the 1979 peace agreement between the countries,” he said.
“The natural-gas revolution is making us an energy power, and will provide not only enormous revenues for the state, but also a dramatic decrease in air pollution,” he added.
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