Egypt says obligated to sell gas to Israel - Israel Business, Ynetnews
 
ynetnews
web


   Israel News

Israel News
World News
Israel Opinion
Jewish
Israel Business
Israel Culture
Israel Travel
Regional Economy

Gas pipe between Israel and Egypt Photo: Reuters
Gas pipe between Israel and Egypt Photo: Reuters
 
 

Egypt says obligated to sell gas to Israel

President Mubarak's chief of staff responds to accusations Cairo selling gas to Jerusalem for discounted prices. 'Israel asked to purchase the Egyptian gas just like any other country, in accordance with the peace agreement and our conditions,' he says

Doron Peskin
Published: 03.04.09, 13:25 / Israel Business

The public discourse in Egypt on the export of natural gas to Israel continued last week. In a parliament session held Tuesday, several MPs slammed the government for its continued sale of gas to the Jewish state for reduced prices.

 

The discussion was held as reports stated that Egypt and Israel had signed a new agreement to update the prices.

 

Egyptian Gas
Cairo court says gas exports to Israel can continue / Reuters
Egyptian appeals court overturns November ruling cancelling gas export deal between Israel and Egypt . Lawyers against government say 'bleeding of state's resources must stop'
Full story

Dr. Mufid Shihab, the Egyptian State minister for legal and parliamentary affairs, responded to the questions at the parliament. He stressed that his country was obligated to sell natural gas to Israel in accordance with the peace agreement signed between the two countries and ratified by the Egyptian parliament in 1979.

 

The minister added, however, that the peace agreement included no condition forcing the Egyptian government to sell gas and oil to Israel for a reduced price.

 

"It's Israel's right to try and purchase gas and oil which are required beyond the local consumption, if that is what has been confirmed by the People's Council (the Egyptian parliament) in 1979," the minister was quoted as saying.

 

'Experimental' sales

Dr. Zakaria Azmi, the chief of the presidential staff in Egypt, also addressed the issue, stressing that the sale of natural gas to Israel was carried out in accordance with the agreements between the two countries.

 

"Israel asked to buy the Egyptian gas just like any other country, in accordance with Egypt's conditions and in accordance with the peace process, and therefore there is no reason not to export the gas to Israel," he said.

 

Earlier, Egyptian Oil Minister Sameh Fahmi said that the sales of gas to Israel have so far been "experimental", and therefore all the talks about greater damage caused to the Egyptian economy were groundless.

 

Speaking at the parliament, the Egyptian minister confirmed Israeli reports that Israel and Egypt had signed a new pricing agreement for the Egyptian gas. Fahmi did not go into details, but claimed that the new agreement was "for the benefit of the Egyptian side."

 

Doron Peskin is head of research at Info-Prod Research (Middle East) Ltd.

 

commentcomment   PrintPrint  Send to friendSend to friend   
Tag with Del.icio.us Bookmark to del.icio.us



 
5 Talkbacks for this article    See all talkbacks
Please wait for the talkbacks to load

 

RSS RSS | About | Contact Us | Privacy Policy | Terms of use | Advertise with us | Site Map

Site developed by  YIT Advanced Technology Solutions

 
פיקוד העורף התרעה במרחב:
    רשימת יישובים במרחב