An Egyptian promise to supply Jordan with natural gas once it reaches a point where exports are possible “will pile pressure on the Jordanians not to sign a binding gas agreement with the Leviathan partners,” Nati Yefet writes in Globes. “Egypt's commitment to supply gas to Jordan even before Leviathan begins supplying gas is liable to increase the already strong pressure on the Jordanian royal house to neglect the agreement with Israel,” Yefet explains.
More from Enterprise
Central Bank of Egypt looks to renew USD 2 bn Kuwaiti deposit as regional conflict stalls FDI conversions
The maturing USD 2 bn deposit is expected to be…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Ceasefire optimism triggers EGX30 rally and EGP recovery
The EGP gained around 2.5% on the greenback by the…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…