BREAKING NEWS

J'lem: Gas deal cancellation has nothing to with Israel ties

APRIL 22, 2012 23:20

Diplomatic officials in Jerusalem Sunday night said that after speaking with their counterparts in Egypt, that the cancellation of a gas deal serving Israel was part of a commercial dispute between private companies and Egyptian government corporations that is presently being adjudicated abroad.

The officials said that this had nothing to do with the status of Egyptian-Israeli diplomatic relations. A senior Egyptian military official was quoted as saying on Egyptian television that the gas deal was not nullified, but rather halted because of a business dispute regarding the transfer of payment.

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