Egypt Says Zohr Gas Find Will Not Undermine Talks on Imports from Israel

(Reuters) Eric Knecht - The discovery of the Zohr natural gas field off Egypt will not undermine private-sector negotiations about buying gas from Israel, Egypt's petroleum minister Sherif Ismail said Wednesday. "These negotiations and initial agreements are ongoing....We do not object to the plans of private companies operating in Egypt and looking to import natural gas from eastern Mediterranean countries." Analysts say that at least in the short run Egypt may still look to Israel's Leviathan field to fill its natural gas needs.

2015-09-04 00:00:00

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