On February 19, 2018, the gas partnerships in Israel announced a $15 billion contract to export 64 billion cubic meters of natural gas to Egypt over ten years. The contract, between the owners of the Tamar and Leviathan fields and the Egyptian Dolphinus Holding, is based on a memorandum of understanding from October 2014. Presumably the government of Israel played an important role in securing this deal, by promoting it with the Egyptian government and possibly also by covering the guarantees required from Dolphinus for its approval.