Steinitz: Israel will begin exporting gas to Egypt in a few months' time
Israel will begin exporting natural gas to Egypt in a few months' time, Energy Minister Yuval Steinitz said on Monday, a key step in the country's plans to sell its expanding gas production abroad and bolster diplomatic ties.
Steinitz did not give a specific target for initial exports, but said shipments would double after the huge Leviathan field in the eastern Mediterranean comes fully online in November.
Steinitz said Israeli exports to Egypt were expected to reach 7 billion cubic meters annually over 10 years. About half the exports were expected to be used for Egypt's domestic market and half to be liquefied for re-export, he said.
