Middle East Economic Survey
VOL. LII
No 25
22-Jun-2009
EGYPT/ISRAEL
Egypt Raises Gas Supplies To Israel After Reaching New Price Agreement
Israel last week started receiving its full contracted share 200mn cfd of piped Egyptian gas, under the supply contract that the East Mediterranean Gas (EMG) company signed with EGPC in 2005, after a higher gas price was finally renegotiated in May. The agreement is a highly sensitive political issue, reflecting Egypts ambiguous allegiances and prompting...
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