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.

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.