The New Gas Deal: Windfall for Israel, Heavy Burden for Egypt

10 سبتمبر، 2026

In what has been described as the largest gas trade deal in the history of Cairo-Tel Aviv relations, Israel’s NewMed Energy—holder of a 45% stake in the giant Leviathan field in the Eastern Mediterranean—has announced a new agreement to expand natural gas exports to Egypt.

Valued at approximately $35 billion and extending until 2040, the agreement entails the supply of around 130 billion cubic meters of gas. Egyptian Prime Minister Mostafa Madbouly has defended the deal as part of the country’s plan to become a regional energy hub, leveraging the liquefaction plants in Idku and Damietta.

Read More: https://english.noonpost.com/p/the-new-gas-deal-windfall-for-israel

PARTICIPATE IN THE CHANGE

Everyone can play a role against energy oppression. Disrupting energy flows can be achieved at every node of the supply chain, and by challenging the infrastructure that sustains it. Join workers and communities already taking action. Pressure your bank, your pension fund, your university, your union, your government.

End energy complicity. Energy embargo now.