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Netanyahu announces $35B natural gas deal with Egypt

Anadolu Agency MIDDLE EAST
Published December 17,2025
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(AA Photo)

Israeli Prime Minister Benjamin Netanyahu announced on Wednesday evening the approval of a major natural gas agreement with Egypt worth 112 billion shekels (approximately $35 billion).

"The deal is worth 112 billion shekels, the largest gas deal in Israel's history," Netanyahu said in a televised statement, according to the daily Yedioth Ahronoth.

As of 1850GMT, there was no official confirmation or statement from Egyptian authorities regarding the deal.