Israel’s natural gas exports to Egypt, Jordan rise 13.4% in 2024

Investing.com -- Israel’s energy ministry announced on Wednesday that the country’s natural gas exports to Egypt and Jordan saw a significant rise of about 13.4% in 2024. This increase occurred despite the ongoing conflict with the Palestinian militant group, Hamas, in Gaza.

The surge in exports underscores the strategic importance of Israel’s natural gas industry, contributing to regional stability and security, according to Energy Minister Eli Cohen. Cohen expressed his commitment to fully utilize Israel’s natural gas reserves and expressed optimism for the upcoming year. He anticipates increased competition and more opportunities for natural gas export in the future.

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