Tamar Gas Partners Advance $20 Billion Export Deal to Egypt
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Globes · 19 hours ago
What happened
Isramco and Mubadala Energy, holding 40% of Tamar gas field rights, signed a non-binding deal to export up to 80 BCM of gas to Egypt by 2043, potentially worth $20 billion. The deal awaits binding agreements, regulatory approvals, and participation from other partners. This follows a larger Leviathan export deal to Egypt and reflects growing Israeli-Egyptian energy ties amid pending policy updates from the Israeli government.
- 01Isramco and Mubadala Energy signed a non-binding MoU to export gas from Tamar to Egypt.
- 02Potential export volume is 80 BCM with estimated revenues of $20 billion through 2043.
- 03Gas supply is planned to start in 2031, price linked to Brent crude oil with a price floor.
- 04Other Tamar partners have not yet confirmed participation, affecting deal size.
- 05This deal complements Leviathan's $35 billion gas export agreement with Egypt.
- 06Final Israeli gas export policy recommendations remain unpublished despite committee completion.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
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