Senior Palestinian officials said on Tuesday that the Palestine Investment Fund will sign a technical agreement with the Egyptian Natural Gas Holding Company (EGAS) to develop the "Gaza Marine" field off the shores of the Gaza Strip. Speaking to The New Arab, a Ramallah-based Palestinian source, who preferred to be unnamed, said, "the Fatah-led Palestinian Authority and the Egyptian company are supposed to the sign the agreement before the end of this year." "The technical agreement will define the distribution of shares to the partners and how to market gas," the source noted. The Palestine Investment Fund owns 27.5% of the field, and the Consolidated Contractors
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