{"id":27575,"date":"2017-11-28T14:31:48","date_gmt":"2017-11-28T14:31:48","guid":{"rendered":"https:\/\/v2.ecomnewsmed.com.ecn-01.ovea.com\/2017\/11\/28\/israel-and-egypt-negotiates-back-on-natural-gas-dispute\/"},"modified":"2020-08-11T11:30:03","modified_gmt":"2020-08-11T09:30:03","slug":"israel-and-egypt-negotiates-back-on-natural-gas-dispute","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2017\/11\/28\/israel-and-egypt-negotiates-back-on-natural-gas-dispute\/","title":{"rendered":"Israel and Egypt negotiates back on natural gas dispute"},"content":"\nEgyptian natural gas provider paid 2 billion dollars fine to an Israeli electricity provider for contractual failure. After Bloomberg media, Tarek El Molla, the Egyptian Minister in charge of the energy sector who is seeking for an agreement, an Israeli \u2013 Egyptian deal could be ensured only once the fine would be reevaluated. On his side, Yuval Steinitz, the Israeli Ministry of Energy declared that negotiations were still up to date.\nIsrael is looking for exploitation development in the coastal zone and sees Egypt\u00a0as a serious gas provider competitor. The Leviathan field recently discovered by Israel made the geostrategic difference. An agreement could allow\u00a0Israel to operate in Egypt to extract and invest in the energy sector.\nDiscover out our latest videos about the economic news in Israel and Egypt :\u00a0\n\n\n","author":75,"featured_media":3313,"comment_status":"open","ping_status":"open","template":"","tags":[5754,5761,5751,5753,5760,5750,5762],"location":[5600,1021],"class_list":["post-27575","news","type-news","status-publish","has-post-thumbnail","hentry","tag-business","tag-decision-makers","tag-economy","tag-entrepriseslife","tag-mediterranean-exchanges","tag-news","tag-trending","location-egypt","location-israel"],"short_url":"","have_related_news":null,"chapo":"Negotiation on natural gas resources between Israel and Egypt are restarting back after Egyptian public companies were obliged to give compensation to an Israeli electricity provider.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/leviathan-gas-field.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/leviathan-gas-field.jpg 550w","sizes":"550px","alt":"Israel and Egypt negotiates back on natural gas dispute 1","width":550,"height":360,"ratio":0.67,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/leviathan-gas-field-897x598.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/leviathan-gas-field-897x598.jpg 1170w","sizes":"1170px","alt":"Israel and Egypt negotiates back on natural gas dispute 1","width":1170,"height":658,"ratio":0.67,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Israel and Egypt negotiates back on natural gas dispute - Ecomnews Med<\/title>\n<meta name=\"description\" content=\"Egyptian natural gas provider paid 2 billion dollars fine to an Israeli electricity provider for contractual failure. After Bloomberg media, Tarek El\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecomnewsmed.com\/en\/2017\/11\/28\/israel-and-egypt-negotiates-back-on-natural-gas-dispute\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Israel and Egypt negotiates back on natural gas dispute - Ecomnews Med\" \/>\n<meta property=\"og:description\" content=\"Egyptian natural gas provider paid 2 billion dollars fine to an Israeli electricity provider for contractual failure. 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