Middle East Economic Survey


No 14



Suez Canal Official Says Eilat-Ashkelon Pipeline Has Little Impact

Israels Eilat-Ashkelon crude pipeline has had little impact on Suez Canal operations, a canal official toldAsharq al-Awsat on 23 March. The official disputed claims that the pipeline, which has a 1.2mn b/d capacity, saved shipping time and said it was unrealistic to think that it would affect the volume of shipments through the canal. The official went on to say that...