U.S. Firm Seeks Restart of Egypt Gas Flow to Israel

(Reuters) U.S. investors in the East Mediterranean Gas Co. (EMG) have taken legal steps against the Egyptian government to ensure gas flow resumes to Israel, an official from a U.S. partner in EMG said Monday. In a letter to the Egyptian government, U.S. firm EGI, a partner in EMG, said it was seeking international arbitration over Egypt's failure to protect their investment, as stipulated in a U.S.-Egyptian agreement.

2011-05-31 00:00:00

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