Netanyahu Clears Record Israel Gas Export Deal to Egypt
Israeli Prime Minister Benjamin Netanyahu has approved Israel’s largest-ever natural gas export agreement, a deal valued at about $35 billion to supply gas to Egypt over the long term. The agreement is linked to production from the offshore Leviathan gas field and will use existing pipeline infrastructure to transport gas to Egypt. Israeli officials described the approval as a major economic decision that strengthens Israel’s position as a regional energy supplier and deepens strategic cooperation with Egypt.
Energy Security and Regional Impact
Egypt has increasingly relied on imported gas to meet domestic electricity and industrial demand, particularly during peak consumption periods. Israeli gas already forms part of Egypt’s supply mix, and the expanded agreement is expected to significantly raise export volumes in the coming years. The deal also supports plans to expand Leviathan’s production capacity, reinforcing energy ties between the two countries amid a volatile regional environment.
Afghanistan Cuts Pakistan Medicines, Looks to India
Separately, Afghanistan’s Taliban-led administration has moved to curb imports of medicines from Pakistan, signalling a shift in trade policy. Reports indicate Kabul has directed traders to seek alternative suppliers, with India emerging as a key option due to its large pharmaceutical industry. The move could impact Pakistani exporters while opening space for Indian companies in Afghanistan’s healthcare supply chain.
