ISRAEL TO SUPPLY NATURAL GAS TO EUROPE AND ITS CONNECTION TO A BLESSING FROM DEUTERONOMY
Today, Israel’s gas reserves are so rich that they can supply not only Israel, but Europe as well. And that’s precisely what happened on Wednesday when Israel, and the European Union signed a natural gas agreement. The agreement was forged in Cairo as Egypt as the gas will flow via Egypt’s pipelines. Signing this trilateral agreement is Europe’s solution for replacing the Russian gas imports it has relied on for decades.
Western Europe is trying to distance itself from Russia including economic boycotts. This phenomenon provided Israel with a rare opportunity to provide natural gas once provided by the Kremlin.
Ursula von der Leyen, president of the European Commission said in a joint press conference with Israeli Prime Minister Naftali Bennett in Jerusalem on Tuesday: “With the beginning of this war and the attempt of Russia to blackmail us through energy, by deliberately cutting off the energy supplies, we decided to cut off and to get rid of the dependency on Russian fossil fuels, and to move away from Russia and diversify to trustworthy suppliers,” adding that “It is an outstanding step bringing our energy cooperation to the next level.”
“This is a tremendous moment in which little Israel becomes a significant player,” Israeli Energy Minister Karin Elharrar said Wednesday in a statement.
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