Natural gas sale to Egypt is the biggest energy deal in Israel's history

Prime Minister Benjamin Netanyahu announced on Wednesday night that he had approved the largest energy deal in Israel’s history with neighboring Egypt, expected to boost Israel’s economy by billions of shekels within the coming years. In a video statement alongside Energy Minister Eli Cohen, Netanyahu said that the natural gas deal with Cairo was worth NIS 112 billion ($34.7 billion), of which NIS 58 billion ($18 billion) would go into public coffers. KAN's Mark Weiss spoke with Chen Herzog, Chief Economist at BDO Consulting. (Photo: Reuters)See omnystudio.com/listener for privacy information.