Israel’s Cabinet Approves Gaza Marine Gas Field Development Project

Israel’s Prime Minister’s Office announced the approval of developing the Gaza Marine gas field off the coast of Gaza, according to a press release.

This came in the framework of the existing efforts between the State of Israel, Egypt and the Palestinian Authority (PA), emphasizing the development of the Palestinian economy and maintaining security and stability in the region.

Implementing the project is subject to coordination between the security services and direct dialogue with Egypt, in coordination with the PA, and the completion of inter-ministerial staff work led by the National Security Council, the press release added. 

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