Consider the following statements: I. Recently

Solution

Egypt, Israel and the European Union signed a deal to increase liquified natural gas sales to EU countries. Under the deal, the EU will help Egypt and Israel increase their gas production and exploration in their territorial waters. According to the deal, the Israeli gas will be brought via pipeline to Egypt’s LNG terminal in the Mediterranean Sea before being transported by tanker to European shores. About European Union The European Union is a political and economic union of 27 member states that are located primarily in Europe. Founded: 1 November 1993, Netherlands Founders: Germany, France, Italy, Netherlands, Belgium, Luxembourg Awards: Nobel Peace Prize, Princess of Asturias Award for Concord, Bambi - Millennium Award