eu oil

Middle East Oil Revisited

  •   EU, Israel and Egypt sign deal to boost East Med gas exports to Europe
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     copyright: REUTERS
     
     
    ​​CAIRO/JERUSALEM, June 15 (Reuters) - "Israel and Egypt will aim to boost natural gas exports to Europe under a memorandum of understanding (MoU) signed on Wednesday as the continent looks to replace Russian energy imports.

    "The framework deal signed with the European Union (EU) will be the first to allow "significant" exports of Israeli gas to Europe, Israel's energy ministry said.​"