EU Signs Gas Deal With Israel, Egypt in Bid to Wean Itself off Russian Supplies

Israel and Egypt plan to boost gas exports to Europe under an agreement signed during a Cairo visit Wednesday by the European Commission president as the bloc seeks to wean itself off Russian gas.

“Russia’s war against Ukraine has exposed our European dependency on Russian fossil fuels, and we want to get rid of this dependency,” von der Leyen told a joint press conference with Egyptian President Abdel Fattah al-Sisi.

The memorandum of understanding on gas exports between Egypt, Israel and the EU was signed at the East Mediterranean Gas Forum, the Egyptian petroleum ministry said.