Egypt: The issue of gas extraction from “Gaza Marine” is in general agreement

According to the report of the International Economic Group of Fars News Agency, quoted by Arab48, Tariq Al-Molla, the Minister of Petroleum and Mineral Resources of Egypt, announced that the Zionist regime and Palestine are close to a “framework agreement” for the development of the offshore gas field on the coast of Gaza.

Al-Mulla said: Currently, negotiations are underway between Egyptian, Israeli and Palestinian officials from the Palestinian Authority regarding the final agreement, and a framework agreement was signed between the Palestinian Authority and Egypt, while Israel has not yet expressed its consent to it. .

Pointing out that the negotiations to reach a final agreement are ongoing, he emphasized: The details of the agreement have not been finalized, but only its framework has been agreed upon, and we discussed this with Israel two years ago.

Meanwhile, the authorities of the self-governing organization denied the existence of any agreement between Ramallah, Tel Aviv and Cairo to extract gas from the Gaza Marine field.

Earlier this month, Egyptian and Palestinian officials said that within the framework of the agreement signed between Egypt and the Palestinian Authority, the Egyptian gas company EGAS is seeking to control the development of the gas field; This means that this company will be responsible for extracting gas from the field it is in, will be drilled and operated there through private companies, and the whole process will be under the supervision of Cairo authorities, and part of its profit will be transferred to the Palestinian Authority.

According to experts, Israel can never claim a share of the Gaza Marine Field, because this field is in Palestinian economic waters, and Egypt, due to its relations with three parties (Israel, the Palestinian Authority, and Hamas), can successfully negotiate for development. And the operation of the field should be resumed.

However, the Zionist regime’s television announced last week that Egypt, Israel and the Palestinian Authority agreed to the development of a natural gas field on the shores of the Gaza Strip, and the benefits of this gas field will be for the Palestinian Authority and Israel.

However, the statements of the Egyptian Minister of Energy about the fact that the Zionist regime has not yet announced its agreement on the issue of extracting gas from the Gaza Marine field and that the negotiations are incomplete, can mean that this occupying regime is also seeking to score points and gain benefits from the exploitation of this field. It is a gas field located in Palestinian territorial waters.

In the shadow of the energy crisis in the world, the countries of the Eastern Mediterranean are also witnessing a series of major developments in the field of launching agreements to extract gas from this area rich in fossil fuels.

The most recent of these developments is Egypt’s negotiations with the Palestinians and the Zionist regime with the aim of reaching an agreement that will allow it to develop the “Gaza Marine” gas field located 35 kilometers off the Gaza coast and at a depth of 306 meters, which is the oldest field discovered in the region from It is the 1990s.

The ongoing negotiations have taken place a year after the signing of a memorandum of understanding between Egypt and Palestine, provided that the Egyptian company exploiting this field will take 45% of the share of this offshore field with the aim of meeting Palestine’s needs for natural gas and exporting a part of the production. take over

One of the things generally agreed in this contract is that gas should be prioritized to meet the needs of the Palestinian market, especially the Palestinian electricity production companies in the Gaza Strip, which suffers from electricity problems, and also the gas to the Jenin power plant in the north of the West Bank, which Work on it, it will be awarded.

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