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#egypt

Israeli Prime Minister Benjamin Netanyahu announced on Wednesday 17 December the approval of what he described as the “largest gas deal in Israel’s history,” set to supply natural gas to Egypt from the Leviathan natural gas field (one of the largest natural gas fields in the Eastern Mediterranean).  The agreement, valued at approximately EGP 1 trillion (USD 35 billion) was initially signed in August and involves the American company Chevron as well as Israeli partners.  Netanyahu emphasized the deal’s potential…