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Netanyahu Secures $30 Billion Gas Deal with Egypt

12/17/2025

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Story summary
  • On December 17, 2025, Israeli Prime Minister Benjamin Netanyahu announced a natural gas deal with Egypt worth NIS 112 billion.
  • The agreement, signed in August, will ship gas from Israel's Leviathan field to Egypt.
  • Netanyahu said the deal would boost regional stability and direct NIS 58 billion to state funds.
  • Egypt has relied on Israeli gas since 2022 due to declining domestic production, hindering its energy hub goal.