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Chart of the Day: Egypt and Jordan are in trouble after Israel halts gas exports

The News:

Egypt Gas Imports Stop, Govt Says, After Israeli Field Shut

Israel Gas-Field Halt Threatens Egypt’s LNG Export to Europe

Egypt Cuts Gas to Some Industries After Israeli Supply Drops

Summary

Figure (1) above shows how the 2022 natural gas production from the Leviathan gas field was divided. A large portion goes to exports to Egypt and Jordan. 

EOA’s Main Takeaway