The offshore gas pipeline connecting Ashdod to Ashkelon has been completed and gas flow has begun, according to reports. The pipeline is expected to significantly increase natural gas exports to Egypt as part of a $35 billion export deal, and could accelerate Israel's economic growth toward a trillion-dollar GDP.
The long-awaited offshore gas pipeline connecting Ashdod to Ashkelon has been completed and gas flow has begun, according to a report from the Israeli energy sector. The pipeline, which runs along the coast, removes a bottleneck that previously limited exports via the land pipeline and the Arab Gas Pipeline. With the new link, natural gas exports to Egypt can increase substantially, as part of a $35 billion export deal, one of the largest in Israel's history. The pipeline connects to the subsea line from Ashkelon to El Arish in Egypt. The completion is expected to boost Israel's economic growth, potentially accelerating the path to a trillion-dollar GDP.
2 developments
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Source and signal
- Internal intake
