Reuters quotes Global Energy Center Nonresident Senior Fellow Brenda Shaffer on the effect Egypt’s discovery of gas will have on Israel’s gas exports: 

“For Israel, this closes the option of exports to Egypt but the real motherload for Israel was the domestic market,” said Brenda Shaffer, energy specialist at the University of Haifa.


“This is important geopolitically for Egypt, it’s a sign of confidence in (President Abdel Fattah) al-Sisi’s economic policies,” Shaffer said. (Additional reporting by Tova Cohen in Tel Aviv, writing by Oleg Vukmanovic, editing by William Hardy)

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