CAIRO -- Egypt's president says his country "scored a goal" by signing a $15 billion deal with an Israeli company to supply natural gas that will help turn Egypt into a regional energy hub.
Abdel-Fatah el-Sissi said in televised comments on Wednesday that the project "has a lot of advantages" for Egyptians.
Delek Drilling and its US partner, Noble Energy, signed the agreement on Monday to sell a total of 64 billion cubic meters of gas over a 10-year period to Egyptian company Dolphinus Holdings. The gas is expected to start flowing next year.