Report: Egyptian gas deliveries to Israel resume

By GUY KATSOVITCH / GLOBES
June 9, 2011 16:44
1 minute read.

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For a symbolic $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Don't show it again

Egyptian daily "Al Ahram" quotes an official from the Egypt Gas Holding Company that gas supplies to Israel and Jordan have been resumed after the pipelines were fixed.

The source added that although the gas is flowing to Israel and Jordan, this does not imply that the export of gas will continue at the same deeply discounted prices. He said that a meeting will take place in a few hours with East Mediterranean Gas Company (EMG) officials in order to tie the price of gas exports to international prices. EMG is responsible for supplying Egyptian natural gas to Israel.

"Al Ahram" added that an Egyptian delegation is currently in Jordan to discuss raising the price of gas exported to that country, so that it does not favor any country or company.

Egyptian gas deliveries to Israel, Jordan, Syria, and Lebanon have been disrupted several times since early February, due to attacks on pipelines and facilities in Sinai. Egyptian gas exports, especially to Israel, has become a political issue since the ouster of former President Hosni Mubarak in February, and charges of corruption levied against Mubarak, his sons, and associates, and claims that the gas was sold at sharp discounts. The current Egyptian government is seeking to raise the price of its gas export.


Related Content

Breaking news
June 24, 2018
Trump calls for deporting illegal immigrants with no judges or court cases

By REUTERS