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Al Jazeera
Al Jazeera
Business

EU signs gas deal with Israel, Egypt in bid to ditch Russia

Israel Egypt Russia United States Ursula von der Leyen Europe EU Commission Natural Gas
EU Commission President Ursula von der Leyen signed a memorandum of understanding with Egypt and Israel in what has been described as a 'historic agreement' [Amr Nabil/AP]

The European Union, Israel and Egypt have signed a tripartite natural gas export deal as the bloc seeks to diversify away from Russian energy.

The deal, finalised on Wednesday at the East Mediterranean regional energy conference in Cairo, will allow “significant” exports of Israeli gas to Europe for the first time, the Israeli energy ministry said.

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