Middle East Economic Survey

VOL. LI

No 2

14-January-2008

PALESTINE/ISRAEL/EGYPT

BG Quits Israel Following Collapse Of Gaza Gas Talks

BG is pulling out of Israel following the failure of negotiations with the Israeli government for the sale of natural gas from the offshore Gaza Marine field. While BGs announcement to pursue other options for the Gazan gas formalizes a decision made last month, the UK company is also relinquishing its Med Yavne exploration license offshore Israel and closing its...