Egypt Won't Supply Gas to Israel at Current Price

(Ynet News) Roee Nahmias - A senior source in the Egyptian gas and oil industry says Israel has refused to pay more for the gas it purchases from Egypt and has even threatened to turn to international arbitration, the Egyptian daily Al-Ahram reported last week. The official added that Spain had accepted more expensive rates. He also said the Egyptians were sticking to their refusal to supply gas to Israel until new prices are finalized.

2011-05-31 00:00:00

Full Article


Visit the Daily Alert Archive