US EditionIsrael puts off signing $35 billion gas deal with Egypt, prompts US energy secretary to cancel visit
Energy Minister Eli Cohen delays approval of a $35 billion gas export deal to Egypt, prioritizing fair domestic prices and Israeli interests amid diplomatic talks.
- On 10/31/2025, U.S. Energy Secretary Chris Wright canceled a six-day visit to Israel after Israeli Energy Minister Eli Cohen refused to sign a $35 billion gas agreement with Egypt.
- Israeli Energy Minister Eli Cohen withheld approval as U.S. officials exerted pressure, demanding fair domestic energy prices and refusing exports until negotiations with Cairo conclude.
- The Leviathan consortium, led by U.S.-based Chevron, signed the export agreement to expand shipments from the Leviathan gas field 130 kilometers off northern Israel, with prior exports covering 60 billion cubic meters and 23.5 billion delivered so far.
- Cohen's move appears to risk inflaming Israel's relations with the United States and Egypt, both key brokers of the Israel-Hamas ceasefire, while U.S. officials in Israel, Wright's office, and Egypt's Foreign Ministry declined immediate comment.
- The dispute highlights Israel's wider energy-policy debate as the Finance Ministry cautions domestic gas supplies may fall short within 25 years, while Chevron warns delays could stall infrastructure investments.
25 Articles
25 Articles
Israel puts off signing $35 billion gas deal with Egypt
Israeli Energy Minister Eli Cohen has said that his refusal to sign a $35 billion gas agreement with Egypt has prompted his U.S. counterpart to cancel a planned trip to Israel. A statement from Cohen's office on Thursday night said that U.S. officials had been "exerting a great deal of pressure on Israeli officials" to approve the deal, but it said that the minister would refuse to do so "until Israeli interests are secured and a fair price for …
Israel puts off signing $35 billion gas deal with Egypt, prompts U.S. energy secretary to cancel visit
JERUSALEM — Israeli Energy Minister Eli Cohen has said that his refusal to sign a $35 billion gas agreement with Egypt has prompted his U.S. counterpart...
Associated Press News
Israel puts off signing $35 billion gas deal with Egypt, prompts US energy secretary to cancel visit
Israeli Energy Minister Eli Cohen has said that his refusal to sign a $35 billion gas agreement with Egypt has prompted his U.S. counterpart Chris Wright to cancel a planned trip to Israel.
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