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Egypt Greenlights $400M Pipeline for Israeli Gas Imports

9/1/2025

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Summary

Story summary

Egypt has approved a $400 million pipeline to import Israeli gas, linked to a $35 billion deal with Leviathan Partners.
The pipeline will boost gas exports by 6 billion cubic meters (BCM) annually and is set to be operational by 2028.
As a net gas importer, Egypt aims to become a regional energy hub despite a production-consumption deficit.
Prime Minister Mostafa Madbouly expects to resume exports by 2027 with increased local production.

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Story summary

Egypt has approved a $400 million pipeline to import Israeli gas, linked to a $35 billion deal with Leviathan Partners.
The pipeline will boost gas exports by 6 billion cubic meters (BCM) annually and is set to be operational by 2028.
As a net gas importer, Egypt aims to become a regional energy hub despite a production-consumption deficit.
Prime Minister Mostafa Madbouly expects to resume exports by 2027 with increased local production.