Israel-Egypt $35 Billion Gas Deal
Analysis based on 21 articles · First reported Dec 17, 2025 · Last updated Dec 19, 2025
The approval of the $35 billion gas deal between Israel and Egypt is expected to significantly boost Israel's economy, with $18 billion going to state coffers, and solidify Israel's position as a regional energy power. For Egypt, the deal will alleviate its energy crisis and reduce its reliance on expensive LNG imports, positively impacting its economic stability.
Israeli Prime Minister Benjamin Netanyahu announced the approval of a $35 billion natural gas export deal with Egypt, marking the largest gas deal in Israel's history. The agreement, involving Chevron Corporation and Israeli partners like NewMed Energy and SLAM Exploration, will see Israel supply 130 billion cubic meters of gas to Egypt over 15 years. This deal is expected to generate $18 billion for Israel's state coffers and strengthen its status as a regional energy power. For Egypt, the deal, with Blue Ocean Energy as the buyer, will help address its energy crisis and reduce its dependence on imported liquefied natural gas. Israeli Energy Minister Eli Cohen, who initially delayed the deal, ultimately supported its final terms. The agreement also aims to contribute to regional stability, despite past strains in relations between Israel and Egypt.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard