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December 18, 2008       Share:    

Source: http://uk.reuters.com/article/realEstateRestaurantsHotels/idUKLI58483020081217

Egyptian Court Says No to Gas Exports to Israel

[Reuters] Jonathan Wright - A Cairo court on Tuesday overruled the Egyptian government's decision to allow exports of natural gas to Israel and said the constitution gave parliament the right to decide on sales of natural resources. A senior Egyptian official said the verdict did not require immediate implementation and the government would appeal against it. Judicial sources said the government could ignore the ruling, as it has done in many past cases. Gas started flowing to Israel through a pipeline for the first time in May under an agreement signed in 2005 for the supply of 1.7 billion cubic meters a year over 20 years.

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