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Spire's past Spirethoughts appearances.

The air purifying power of 500 trees
The air purifying power of 500 trees
Disney eyes India’s market through Fox Star India deal
Disney eyes India’s market through Fox Star India deal
Walmart nails deal with Flipkart
Walmart nails deal with Flipkart
Meteor showers on demand in Japan
Meteor showers on demand in Japan
CPTPP signed by eleven Asis Pacific countries
CPTPP signed by eleven Asia Pacific countries
Fancy a rise across Norway's underwater floating tunnel
Fancy a ride across Norway’s underwater floating tunnel?

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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