While in Cairo, EU Energy Commissioner Kadri Simson signed a trilateral memorandum of understanding (MoU) on Wednesday 15 June between the EU, Egypt and Israel to bring fossil gas from these countries and other sources in the Eastern Mediterranean region to Europe.
The three parties thus commit to “to work collectively towards enabling a stable delivery of natural gas to the EU that is consistent with long-term decarbonisation objectives and is based on the principle of market-oriented...