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Europe’s Largest Gas Pipeline Group Buys 25 Percent of Israel-Egypt Company

An Egyptian company will buy 85 billion cubic meters of gas, worth an estimated $19.5 billion, from Israel’s Leviathan and Tamar offshore fields in the Mediterranean Sea over a period of 15 years.

Elbit Awarded $85 Million to Equip Israeli Navy Corvettes Protecting Natural Gas Rigs

These warships will be tasked with protecting Israel's Economic Exclusion Zone with Israel's offshore natural gas rigs.

Egypt’s Gas Announcement Hits Israel Hard

Egypt introduced daring legislation and innovative, flexible pricing models to launch their gas export industry.

Tshuva To Export 20% of “Tamar” Gas Field to Egypt

Egypt is to receive 4.5 BCM (billion cubic meters) each year for 15 years, valued at 1.1 to 1.3 billion dollars a year.

Israeli Economy Second-Quarter Growth Exceeds Expectations

Israel’s Central Bureau of Statistics (CBS) announced that the Israeli economy grew at an annual rate of 5.1 percent in the second fiscal quarter...

Printed from: https://jewishpress.com/news/breaking-news/israeli-economy-second-quarter-growth-exceeds-expectations/2013/08/20/

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