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Spirethoughts

Spire's six most recent Spirethoughts.

Egyptian-Israeli gas deal to boost bilateral trade
Singapore signs a free trade pact with Sri Lanka
Singapore signs a free trade pact with Sri Lanka
Free access to vending machines for the homeless
Free access to vending machines for the homeless
India and Japan’s strategic alliance
India and Japan’s strategic alliance
Biodynamic farming in India
Biodynamic farming in India
New transport systems in Asian cities to curb traffic congestion
New transport systems in Asian cities to curb traffic congestion

Egyptian-Israeli gas deal to boost bilateral trade

A USD15 billion deal has been announced between Israel and Egypt to export natural gas. Israel’s Delek Group has signed an agreement to supply 64 billion cubic meters of gas in a span of ten years to Egypt’s Dolphinus Holdings.

The deal is considered a milestone ever since the 1979 peace accord, bringing Egypt a step closer to becoming a regional energy hub.

However, the transportation of natural gas from Israel to Egypt is a challenge given the security risks.

Will the Egypt-Israel gas export deal usher in a relationship of bonhomie and economic co-operation?


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