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Source: https://en.globes.co.il/en/article-egypts-el-sisi-needs-israeli-gas-to-survive-1001518389
Egypt Depends on Israeli Gas
(Globes) Dean Shmuel Elmas - NewMed Energy's announcement on Aug. 7 of a new natural gas deal with Egypt from Israel's Leviathan offshore field for $35 billion drastically increases Egypt's dependence on Israeli gas. Several months ago, production disruptions at the Leviathan and Karish fields resulted in darkness for many parts of Egypt. In 2024, Israel exported a record 10 billion cubic meters (BCM) to Egypt, despite the war, up 16% from 2023. Egypt's domestic gas production rate was 45 BCM in 2024, while its annual consumption stands at 70 BCM. Egyptian leaders prefer criticism of the relationship with Israel to being in danger of a coup because their citizens don't have electricity during the harsh summer heat.