Egypt is poised to sign a new long-term agreement to import natural gas from Israel. Israeli company IsraAmco and Emirati firm Mubadala, holding 40% of the Tamar gas field, have signed a non-binding memorandum of understanding with an undisclosed Egyptian buyer. The deal proposes supplying 80 billion cubic meters of gas between 2031 and 2038, with a potential extension to 2043. This agreement signals a continued reliance on Israeli gas supplies for Egypt’s energy needs. The details emerged via the Enterprise website, citing the specialized magazine MEES. This move raises questions about Egypt’s energy independence and future sourcing strategies.