Al Arabiya News network has reported from short awhile ago that Egypt has cancelled the gas deal with Israel today from one side.
Haartez has published that the National gas company in Egypt “EGAS” has notified EMG that it will cancel the gas deal with Israel on Sunday. Of course this word “will” means that it is not confirmed 100%. There is no official reaction from Cairo or Tel Aviv up till now.
The Israeli media consider this a breach to the Egyptian Israeli Peace agreement. According to some experts in the Egyptian Israeli peace agreement there is nothing about gas deal to Israel. There is nothing regarding Jordan though as it is a deal originally between two companies “EMG” and “Ampal”
The decision was taken after the public hero aka Masked man has blown up the gas pipeline of gas to Israel and Jordan nearly 14 times. There have been many theories about who really stood behind these explosions. On public level there is a complete refusal for exporting gas to Israel in Egypt whether before or after the revolution. The Egyptian parliament after the revolution has demanded the government to stop exporting gas to Israel.
Already Hosni Mubarak and Husseim Salem as well former minister of oil Sameh Fahmy are accused of exporting gas to Israel among the charges they are already facing.
According to some sources Egypt supplies nearly 45% of Israel’s gas supply. The deal was Egypt to export gas to Israel for a very low price compared than the average world price for 20 years
It is worth to mention that there has been news through the past year with all the news of blasting the pipeline in North Sinai to Jordan and Israel about how Qatar was going to export gas to Israel instead of Egypt.
The decision is taken after the huge fire of the Suez’s Nasr oil co. which has affected Egypt’s domestic oil and gas supply. It is also taken after two days from Israel’s warning to its tourists to leave Sinai ASAP because there will be a terrorist act soon.
Despite many people in Egypt wanted to this happen , some on twitter say that it is a wicked move so SCAF would rule the country , well unfortunately SCAF is already ruling the country and it is popular among the public especially with stumbles of the MB.
Anyhow there is news that Egypt has cancelled the deal with EMEG because it has not paid its dues to EGAS since 2010 !!! The gas has been cut since Thursday according to news report.
Ampal has issued a statement from short awhile considering the decision unlawful
Haartez has published that the National gas company in Egypt “EGAS” has notified EMG that it will cancel the gas deal with Israel on Sunday. Of course this word “will” means that it is not confirmed 100%. There is no official reaction from Cairo or Tel Aviv up till now.
The Israeli media consider this a breach to the Egyptian Israeli Peace agreement. According to some experts in the Egyptian Israeli peace agreement there is nothing about gas deal to Israel. There is nothing regarding Jordan though as it is a deal originally between two companies “EMG” and “Ampal”
The decision was taken after the public hero aka Masked man has blown up the gas pipeline of gas to Israel and Jordan nearly 14 times. There have been many theories about who really stood behind these explosions. On public level there is a complete refusal for exporting gas to Israel in Egypt whether before or after the revolution. The Egyptian parliament after the revolution has demanded the government to stop exporting gas to Israel.
Already Hosni Mubarak and Husseim Salem as well former minister of oil Sameh Fahmy are accused of exporting gas to Israel among the charges they are already facing.
According to some sources Egypt supplies nearly 45% of Israel’s gas supply. The deal was Egypt to export gas to Israel for a very low price compared than the average world price for 20 years
It is worth to mention that there has been news through the past year with all the news of blasting the pipeline in North Sinai to Jordan and Israel about how Qatar was going to export gas to Israel instead of Egypt.
The decision is taken after the huge fire of the Suez’s Nasr oil co. which has affected Egypt’s domestic oil and gas supply. It is also taken after two days from Israel’s warning to its tourists to leave Sinai ASAP because there will be a terrorist act soon.
Despite many people in Egypt wanted to this happen , some on twitter say that it is a wicked move so SCAF would rule the country , well unfortunately SCAF is already ruling the country and it is popular among the public especially with stumbles of the MB.
Update :
Ok news are contradicting in Cairo. There are military sources as well the minister of oil in Egypt have denied the news that they cancelled the agreement to export gas to Israel while there are confirmed sources say that Cairo has canceled the deal !!Anyhow there is news that Egypt has cancelled the deal with EMEG because it has not paid its dues to EGAS since 2010 !!! The gas has been cut since Thursday according to news report.
Ampal has issued a statement from short awhile considering the decision unlawful
