Middle East Economic Survey

VOL. XLIX

No 22

29-May-2006

EGYPT

BG Now Committed To Egypt Option For Gaza Gas But Political Hurdles Remain

BG and its Palestinian partners are now committed to developing Gazas offshore gas discovery and feeding the gas into the Egyptian grid at el-ʹArish for use in a planned third train of LNG at Idku, despite efforts earlier this year by Israeli Prime Minister Ehud Olmert to reopen discussions on bringing the gas into the Israeli market (MEES, 27 February). But while...