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EU, Egypt, "Israel" to sign memo on LNG supplies on Wednesday

  • By Al Mayadeen English
  • Source: Agencies
  • 15 Jun 2022 00:10
2 Min Read

European Commission President Ursula Von der Leyen revealed that a trilateral memorandum will be signed to increase gas supplies.

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  • EU, Egypt, and
    EU, Egypt, and "Israel" to sign memo on LNG supplies

The European Commission President Ursula Von der Leyen said that the European Union, Egypt, and "Israel" will sign a trilateral memorandum on Wednesday to increase gas supplies from "Israel" to Europe via Egypt.
 
"It is for us very important and I am very grateful that we are now discussing this fascinating project that you are willing to increase the deliveries of gas to the EU via Egypt and tomorrow we will already take a very big step with the signing of a trilateral memorandum of understanding between "Israel," the EU, and Egypt," Von der Leyen said during a joint press conference with Israeli Prime Minister Naftali Bennett in occupied Al-Quds.
 
The agreement is part of the EU's effort to reduce its reliance on Russia and secure its energy supplies from elsewhere.

Yesterday, it was announced that Von Der Leyen and Prime Minister of Italy Mario Draghi were scheduled to visit the Israeli occupation on Monday as the EU seeks to reduce its reliance on Russian fossil fuel imports.

Related News

Europe hits record high LNG imports in May

European gas prices surge after Russian flow disruption: Bloomberg

Both leaders were scheduled to hold energy talks in “Israel”, which has transitioned from a natural gas importer to an exporter in recent years due to large offshore discoveries. 

Von der Leyen was to meet Israeli Foreign Minister Yair Lapid on Monday and Israeli Prime Minister Naftali Bennett on Tuesday, with talks projected to focus "in particular on energy cooperation," a commission statement read.  

Mario Draghi, who is on his first Middle East trip since taking office last year, will also discuss energy and food security during his two-day trip, according to Italian media.

  • European Union
  • Egypt
  • Israel
  • LNG
  • Ursula von der Leyen

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