VOL. XLIII

No. 21

22-May-2000

EGYPT/ISRAEL

IEC Begins Negotiations For Egyptian Natural Gas Amid Controversy In Knesset

The Israeli Electric Corp (IEC) began preliminary negotiations on 15 May with East Mediterranean Gas (EMG) on the delivery of Egyptian natural gas to Israel via a submarine pipeline, despite delays in the passage of legislation to regulate Israels domestic natural gas sector by the Knesset (parliament). EMG, which is registered in one of Egypts free trade zones, is a joint...