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The Egypt-Israel gas deal is scandalous and shameless

6 12 5
21.02.2018

After Al-Sisi opened the very large Zohr gas field about two weeks ago the newspapers celebrated and announced the news that Egypt will achieve gas self-sufficiency this year by means of the Zohr, North Alexandria, Nawras, and Atoll gas fields. The Egyptian citizens lived this dream until they awoke to a nightmare where Netanyahu is announcing that Israel is celebrating after signing a historical agreement with Egypt that stipulates Egypt will import gas from Israel for 10 years. The imported gas agreement is worth $15 billion and these billions will be added to the Israeli treasury in order to be spent on education, health services, and welfare for Israeli citizens.

Of course it was no coincidence that Netanyahu announced this great news to the Israeli people on the anniversary of President Anwar Sadat’s visit to Jerusalem, as such an agreement poses a new victory for Israel, no less significant than its victory in 1967 and the signing of the peace treaty. In my opinion, they are crowning their victories with this latest victory, as a result of which they control energy in Egypt and the key to the energy tap is placed........

© Middle East Monitor