### Israel and Egypt Forge Historic $35 Billion Gas Export Deal, Transforming Regional Energy Dynamics In a landmark development for the Eastern Mediterranean, Israel has officially approved a monumental $35 billion natural gas export agreement with Egypt. This deal, which is touted as the largest in Israel's history, is set to significantly enhance regional energy stability and cooperation. The agreement involves the export of gas from Israel's Leviathan offshore field to Egypt over a 15-year period, commencing in 2026. This strategic partnership not only aims to bolster economic ties between the two nations but also positions Africa more prominently within the global energy landscape, particularly in the context of the evolving energy map of the Eastern Mediterranean [https://exportfocusafrica.com/2025/12/23/africa-secures-energy-link-as-israel-approves-us35bn-gas-export-deal-with-egypt, https://www.indexbox.io/blog/israel-approves-35-billion-gas-export-deal-with-egypt-largest-in-history]. ### Breakdown of the Gas Export Deal and Its Implications 1. **Deal Overview**: - The agreement allows for the export of approximately 130 billion cubic meters of natural gas from Israel to Egypt, with a commitment extending through 2040 [https://www.oedigital.com/news/533682-israel-greenlights-major-natural-gas-deal-with-egypt]. 2. **Economic Impact**: - The deal is expected to generate around $18 billion in revenue for Israel, significantly boosting its economy and reinforcing its status as a regional energy powerhouse [https://www.czechjournal.cz/israel-and-egypt-seal-35-billion-gas-supply-partnership]. 3. **Political Context**: - Despite ongoing tensions in the region, both countries have emphasized that the agreement is purely commercial, aimed at mutual economic benefits rather than political maneuvering [https://www.thenationalnews.com/news/mena/2025/12/19/egypt-says-35-billion-gas-deal-with-israel-is-purely-commercial]. 4. **Regional Cooperation**: - This deal marks a significant step in Israeli-Egyptian relations, potentially redefining their diplomatic ties and enhancing regional stability through energy cooperation [https://www.freedom969.com/world-news/the-media-line-israel-egypt-sign-largest-ever-gas-deal-boosting-mideast-economic-ties]. ### Supporting Data and Evidence - **Gas Supply Volume**: The agreement stipulates that Israel will supply Egypt with 130 billion cubic meters of gas, a substantial increase from previous volumes [https://www.independent.co.uk/news/world/europe/israel-egypt-netanyahu-gas-deal-b2886826.html]. - **Revenue Generation**: The projected revenue from this deal is estimated at $18 billion, which will significantly contribute to Israel's economic growth [https://hodhodyemennews.net/en_US/2025/12/19/egypts-gas-deal-funnels-35bn-to-israeli-coffers]. - **Historical Context**: This deal is not only the largest in Israel's history but also a pivotal moment for energy trade in the Eastern Mediterranean, reflecting a shift towards greater regional interdependence [https://africasustainabilitymatters.com/africa-secures-energy-link-as-israel-approves-35bn-gas-export-deal-with-egypt]. ### Conclusion: A New Era of Energy Cooperation The approval of the $35 billion gas export deal between Israel and Egypt represents a transformative moment in the energy landscape of the Eastern Mediterranean. 1. **Strategic Significance**: This agreement is poised to enhance energy security and economic stability for both nations, marking a new chapter in their bilateral relations. 2. **Economic Benefits**: With substantial revenue generation expected, Israel stands to gain significantly, reinforcing its role as a key player in regional energy markets. 3. **Future Prospects**: As the deal unfolds, it could pave the way for further collaborations in energy and other sectors, fostering a more interconnected and stable Middle East [https://www.haaretz.com/israel-news/2025-12-18/ty-article/.premium/netanyahu-announces-largest-ever-35-billion-israel-egypt-natural-gas-deal/0000019b-3090-d932-a7bf-7fb1158f0000].