The flag of Egypt. Credit: Wikimedia Commons.
(JNS.org) Egyptian Minister of PetroleumÂ Sherif Ismail said that Egypt is considering importing natural gas from Israel to alleviate its shortage of the resource.
“Anything can happen. Whatever achieves the best interests of Egypt, and of the Egyptian economy and the role of Egypt in the region… that will determine the decision to import gas from Israel,” IsmailÂ told the state-owned Al Mussawar magazine, Reuters reported.
PrivateÂ companies are reportedlyÂ already negotiating to bring Israeli gas to Egypt, but any agreement will need to be approved on theÂ government level.
Despite the fact thatÂ Israel and Egypt signed a peace treaty in 1979, many in Egypt’s government and society still view the Jewish state with distrust. But in recent years,Â the two countries have found themselves increasingly working together against terrorism in Egypt’sÂ Sinai Peninsula, which borders southern Israel.
The Israeli company Delek Drilling has estimated that if an agreement is signed, gas can begin flowing from Israel to Egypt in 2017.
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