Israel has granted preliminary approval to collaborate with Egypt and the Palestinian Authority (PA) to develop the Gaza Marine gas field off the coast of the Gaza Strip, Israel's Prime Minister's Office announced through a social media post on 18 June. Egypt and the PA announced the deal in October, awaiting Israel's approval, which has
President Abbas receives Egypt s Petroleum Minister
President Mahmoud Abbas with the Egyptian Petroleum Minister overseeing the signing of the memorandum of understanding. (WAFA Images / Thayer Ghanayem)
RAMALLAH, Sunday, February 21, 2021 (WAFA) - President Mahmoud Abbas received today Egypt s Minister of Petroleum and Mineral Resources, Tarek El Molla, in the West Bank city of Ramallah.
During the meeting, a memorandum of understanding was signed between the partner parties in the Gaza Gas Field, where Mohammed Mustafa, Chairman of the Investment Fund Board of Directors, signed for the Palestinian side, while Magdy Jalal, Chairman of the Egyptian Natural Gas Holding Company, signed for the Egyptian side.