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» Israel to get $12b windfall from Egypt
Israel to get $12b windfall from Egypt
Israel is on the verge of receiving a $12 billion windfall from Egypt as power shortages in our southern neighbors territory lead to the repurchase of natural gas sold to Israel at seven times its original price. The Egyptian government was looking to buy back 1.5 billion cubic meters of natural gas sold to Israel as part of the deal signed in 2005, according to a Tuesday report by Egyptian daily