Minister Steinitz signs the EMGF Statute

תאריך: 9/22/2020
​Minister of Energy, Dr. Yuval Steinitz, signed this morning at the Ministry of Energy in Jerusalem the East Mediterranean Gas Forum (EMGF) Statute, which he co-initiated with his Egyptian counterpart Tarek El-Molla. The ceremony, which in view of the circumstances, took place online, concluded the forum formation phase and launched the second phase – implementation and promotion of the joint activity.
​Minister Yuval Steinitz: "The blessing of gas leads us to regional cooperation with Arab and European countries, the first of its kind in history, with contracts worth thirty billion dollars for the export of Israeli gas to Jordan and Egypt and this is just the beginning."
Minister of Energy, Dr. Yuval Steinitz, signed this morning at the Ministry of Energy in Jerusalem the East Mediterranean Gas Forum (EMGF) Statute, which he co-initiated with his Egyptian counterpart Tarek El-Molla. The ceremony, which in view of the circumstances, took place online, concluded the forum formation phase and launched the second phase – implementation and promotion of the joint activity.

As part of the ceremony, the ministers of energy of the founding members, signed the organization's Statute – which will drive its establishment and regulate its activity. Simultaneously with the signing by the ministers, the event was attended by the ambassadors of the forum members (Italy, Greece, Jordan, Israel, Cyprus, Palestinian Authority) stationed in Cairo, together with the ambassadors of the countries that are interested in joining the forum (France – as a member, the EU and the U.S.A. – as observers).

Minister of Energy Dr. Yuval Steinitz: "About three years ago, I initiated, together with my colleague the Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla, the establishment of EMGF. We are now upgrading this discussion forum to a genuine regional organization, whose members include, besides Israel and Egypt, also Italy, Greece, Cyprus, Jordan and the Palestinian Authority. Applications to join the EMGF have recently been submitted by France as a member, the EU and the U.S.A. as observers and others. The blessing of natural gas leads us to regional cooperation with Arab and European countries, the first of its kind in history, with contracts worth thirty billion dollars for the export of Israeli gas to Jordan and Egypt and this is just the beginning".

The EMGF was established as a joint initiative of the Minister of Energy Dr. Yuval Steinitz and Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla against the background of natural gas discoveries in the Mediterranean. For the past year and a half, the Ministry of Energy has worked with Italy, Greece, Jordan, Israel, Egypt, Cyprus, and the Palestinian Authority for the establishment of the organization and to formulate a Statute for the organization, which was initialed by the members' energy ministers in January 2020. This Statute allows the establishment of the organization between the countries in practice.

According to the forum's Statute, the main goals of the organization are to establish a platform for dialogue between its members on issues related to the utilization of natural gas resources in the region, while formulating a common vision for realizing the potential of natural gas resources and examining the methods for its implementation in practice.

The structure of the organization:

The organization's Statute and roadmap – which formulizes the establishment of the organization.

High-Level Working Group (HLWG) – A group comprised of professional teams of the ministries of energy headed by the ministries' directors general.

Gas Industry Advisory Committee (GIAC) – A committee comprised of international energy companies from the private sector.

Membership in the organization will grant the State of Israel considerable advantages, in the professional aspect of promoting joint activities and goals in the field of natural gas as well as in the political, regional and international aspects, and in normalizing regional relations, which will help develop the natural gas sector in Israel, and mainly the export of natural gas from Israel to its neighbors, Europe and beyond.