VOL. XXXVIIINO. 1616-JANUARY-1995

US/Israel

US Extends Oil Supply Guarantees To Israel By 10 Years

Israeli Energy Minister Moshe Shahal announced on 9 January that the USGovernment had extended by 10 years its guarantee to supply Israel withemergency oil supplies during times of crisis. The 15-year agreement, signed inthe summer of 1979, was negotiated as a separate arrangement between Israel andthe US under the terms of the Egyptian-Israeli peace treaty which was signed inWashington in March...