Egypt to import gas from Isreal by 2020: Source - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Israeli gas exports to Egypt will gradually reach 7 billion cubic metres, the source said on condition of anonymity.

Egyptian company Dolphinus Holdings reached a landmark deal last year with the Israeli companies operating the Israeli fields Leviathan and Tamar. In October, the Israeli companies said they were increasing the amount of natural gas they plan to export to Egypt. One source in the Israeli energy industry estimated the value of gas was now $19.5 billion to $14 billion coming from Leviathan and $5.5 billion from Tamar.

Israel’s energy ministry gave its final approval for the start of production at the giant Leviathan field three days ago after a court lifted a temporary injunction granted over environmental concerns.

Israel will get the gas from the Golan heights which is Syrian territory.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

eNCA News chief Kanthan Pillay fired - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.eNCA News chief Kanthan Pillay has been dismissed with immediate effect from the television news channel. He insulted SABC that idiot All because of Twitter, never underestimate the power of social media Thanks to black twitter
Source: SABC News Online - 🏆 32. / 51 Read more »

North Korean's Kim holds military meeting as tension rises under looming deadline - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.North Korean leader Kim Jong Un held a meeting of top military officials to discuss boosting the country’s military capability, state news agency reported on Sunday... My President Kim Jon Un is a Firecracker or a Nutcracker 💭 time will tell ...
Source: SABC News Online - 🏆 32. / 51 Read more »