Gas exports to Egypt from Israel rise despite political tensions

According to Oilprice.com Israel's natural gas exports to Egypt increased by 28% in 2023, with projections for a significant rise in production by 2026. This despite the ongoing political tensions. New Med Energy reports that the exports jumped from 4.9 billion cubic meters (BCM) in 2022 to 6.3 BCM in 2023.The report adds that with further permitting from the Tamar reservoir, documented as recently as December 2023, additional gas could be allowed for export to Egypt from 3.5 BCM per year to 4 BCM per year.