Last Update 21:3
Saturday, 24 August 2019

Egypt natural gas supplies to Israel resume after blast

Ampal-American Israel Corp, shareholder in East Mediterranean Gas co. says gas supply to Israel was resumed Tuesday

Reuters, Tuesday 28 Feb 2012
Share/Bookmark
Views: 775
Share/Bookmark
Views: 775

Natural gas supplies from Egypt to Israel resumed on Tuesday after a pipeline explosion earlier this month halted delivery, a shareholder in the consortium that exports the gas to Israel said.

Ampal-American Israel Corp said "it was advised that East Mediterranean Gas Co (EMG), in which Ampal has a 12.5 per cent interest, that gas supply to EMG, and subsequently to EMG's Israeli customers has resumed today."

Saboteurs on Feb. 5 blew up the Sinai pipeline in the 12th such attack since the overthrow of President Hosni Mubarak a year ago. Egypt's 20-year gas deal with Israel, signed in the Mubarak era, is unpopular with some Egyptians.

Security in Sinai loosened after Mubarak's fall as the police presence thinned out across Egypt.

The gas disruptions have cost state-owned Israel Electric Corp, which has had to switch to more expensive fuel to generate electricity and subsequently increased electricity rates.

EMG is also 12.5 per cent owned by Israel's Merhav. Other stakeholders include Egyptian businessman Hussain Salem, the Egypt Natural Gas Co, Thailand's PTT and U.S. businessman Sam Zell.

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.