Tikvah
Editors’ Pick

March 16, 2018

The Israel-Egypt Gas Deal Increases Stability in the Eastern Mediterranean

Not to mention the economic benefits to both countries.

In February, the two firms that own the rights to the natural-gas fields beneath Israel’s coastal waters signed a deal to begin exporting gas to an Egyptian company, which will then liquefy it for export and domestic consumption. Oded Eran, Elai Rettig, and Ofir Winter explain that, although the deal is not without its risks—especially since any pipeline could be vulnerable to attack by Hamas, Hizballah, or Islamic State—it will likely improve relations among Israel and its neighbors:

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