An Israeli energy company has announced a $15bn deal to export natural gas to Egypt, highlighting the deepening strategic ties between the two countries as well as Cairo’s ambitions to become a regional energy hub.
In what Yuval Steinitz, the Israeli energy minister, hailed as the most significant deal with Egypt since the countries’ 1979 peace accord, Israel’s Delek Group said it had signed an agreement to supply 64bn cubic metres of gas over a decade to Dolphinus Holdings, a private Egyptian company.














