The European Union wants to strengthen its energy cooperation with Israel in light of Russia's use of gas supplies to "blackmail" its members over the Ukraine conflict, European Commission chief Ursula von der Leyen said Tuesday.
Agreement will help European bloc reduce Russian energy dependence; Israel to send fuel to Egypt, which will liquify it for shipping; MOU built with nod to zero emissions targets
Israel and Egypt plan to boost gas exports to Europe under an agreement signed during a Cairo visit Wednesday by EU chief Ursula von der Leyen as the bloc seeks to wean itself off Russian gas.
Egypt, Israel, and the European Union signed a deal Wednesday to sell more natural gas to EU countries working on reducing dependence on Russian energy supply.
"What a special moment," European Commission chief Ursula von der Leyen said after signing the gas memorandum. Europe is looking for alternate sources of energy since Russia’s invasion of Ukraine.
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EU, Egypt, Israel Agree to Export Israeli Liquified Natural Gas to Europe | Since Then
