Egypt's multibillion-dollar natural gas deal with Israel is “purely commercial” and has no bearing on its support for Palestinian rights, a government spokesman has said.
Israeli Prime Minister Benjamin Netanyahu this week approved an export agreement, signed in August, to supply Egypt with up to $35 billion of gas from its Leviathan natural gasfield.
The deal will help Egypt manage an energy crisis as supply from its maturing gasfields declines and it becomes more reliant on imports from the US and Israel.
“The deal is a purely commercial transaction concluded exclusively on the basis of economic and investment considerations, and does not involve any political dimensions or understandings whatsoever,” said Diaa Rashwan, the head of Egypt's State Inform
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