Israel's Leviathan natural gas field has signed the largest export agreement in the country's history, worth up to $35 billion to supply gas to Egypt, NewMed , one of the partners in the field, said on Thursday.

The companies operating Israel’s biggest gas field agreed to supply fuel worth $35 billion to Egypt over the next decade and a half, the latest sign of the North African country’s dependence on imports for the long haul.

The deal will deepen Egypt's energy dependence on Israel amid mounting public anger over its alleged complicity in the siege on Gaza

NewMed, a partner in Israel’s Leviathan natural gas field, announced Thursday that the field has secured the largest export agreement in the nation’s history, a deal valued at up to $35 billion to supply gas to Egypt.

Deal will almost triple the annual amount of natural gas supplied from the Leviathan offshore field to Egypt, and boost state revenue from royalties The post In Israel’s largest gas deal, Leviathan partners ink $35 billion export deal with Egypt appeared first on The Times of Israel.

Egypt comes under fire for signing $35bn gas import deal with Israel, with people online saying gas resources originally belonged to the Palestinians

The operators of the Leviathan natural gas field on Thursday signed the largest export agreement in Israel's history, worth up to $35B to supply gas to Egypt. Leviathan, off Israel's Mediterranean coast with reserves of ~600B cm,

The contract with Blue Ocean Energy, an existing customer of Leviathan, is valued at approximately $35bn (NIS119.48bn).

NewMed, which leads the Leviathan Partnership, described the deal as “the most significant move since the discovery of gas reserves in Israel.”