OPERATIONS

Egypt poised to help develop offshore Gaza gas fields

EGYPT is aiming to take over development of Gaza's offshore natural gas field, Reuters reported yesterday, citing Egyptian and Palestinian officials, adding it would be a boost for the cash-strapped Palestinian economy.

Tim Daiss

Egypt poised to help develop offshore Gaza gas fields

While Egypt and Israel have been producing gas in the eastern Mediterranean for several years, the Gaza Marine field, about 30 km off the Gaza coast, has remained undeveloped due to political disputes...

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