Middle East Economic Survey


No 44



Flow Of Egyptian Gas To Israel Resumes, New Price Struck With Jordan

The Chairman of the Egyptian Natural Gas Holding Company (EGAS), Mahdy al-Hasan, on 24 October confirmed reports that shipments of Egyptian gas to Israel had resumed and that gas was flowing to Jordan under a new deal that established a higher price. Mr Hasan said the new price for Jordan would be a little above $5/mn BTU, adding that the previous price had been...