Egypt resumes pumping gas to Israel
Published by Hossam el-Hamalawy September 7th, 2008 in Economy, Egypt مصر, Zionism, Zionist Terrorism إرهاب صهيونيVia Zeinobia…
Egypt has resumed pumping natural gas to Israel after technical difficulties brought supply to a halt for a week.
The Israeli press had reported at the time that Egypt was struggling to cope with the demand on its gas exports and had scaled down the supply specifically to countries who are buying it at lower than market prices such as Israel.
However, Egyptian experts attributed the halt to a technical failure in the compression system, and correctly predicted that the supply would flow again once the error was fixed.
“This [halt] is due to a technical fault in the compressors and they are fixing it,” petroleum expert Ibrahim Zahran previously told Daily News Egypt.
The gas deal to Israel has been met with widespread condemnation in Egypt, not only because of the recipient but also due to the extremely favorable price of the contract, a fraction of the market price for natural gas.
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