Monday, April 23, 2012

Egypt Halts Gas Supplies To Israel

Egypt's pipelines supplying Israel have faced numerous attacks in the last year

Egypt Scraps Israel Gas Supply Deal -- BBC

Egyptian officials say they have scrapped an agreement to supply Israel with natural gas.


Israel received around 40% of its gas supplies from Egypt and uses it to generate electricity.

The announcement comes after the cross-border pipeline suffered numerous sabotage attacks which cut supplies.

Israeli Finance Minister Yuval Steinitz said the move was of "great concern", and overshadowed peace agreements between the countries.

Read more ....

More News On Egypt Terminating It's Gas Contract With Israel

Egypt ends natural-gas agreement with Israel -- Haaretz
Egypt cancels gas deal with Israel -- Reuters
Egypt Cancels Israel Gas Deal -- Wall Street Journal
Egypt company kills Israel natural gas supply deal -- Toronto Star/AP
Egypt scraps Israel gas accord -- AFP
Egypt scraps gas deal with Israel -- Deutsche Welle
Egyptians terminate gas flow to Israel -- Jerusalem Post

My Comment: Any predictions on when Egypt cancels the peace treaty.

2 comments:

Philip said...

Either mid-June, or early October.

The former because it'll be shortly after the Iran nuke talks.

The latter because it will be just prior to the U.S. elections.

War News Updates Editor said...

I agree. Before the US election, and it will be done by having a Egyptian minister mention that the treaty is now under "advisement".