Attack on pipeline, Saturday
Photo: AFP

Investor: Egypt gas flow to resume Feb. 17

Ampal-American Israel Corporation says informed of planned resumption by Egyptian national gas company following weekend attack on pipeline in northern Sinai

Shipments of Egyptian gas to Israel are to resume on February 17 following a weekend attack on a pipeline in northern Sinai, an investor in the pipeline said on Tuesday.


In a statement, Ampal-American Israel Corporation – which owns 12.5% of the East Mediterranean Gas Company that owns the pipeline – said it had been informed of the planned resumption by the Egyptian national gas company.


Imports were halted as a precaution after saboteurs on Saturday attacked a separate pipeline, about 30 kilometers (20 miles) away from the Israel-bound one, that transports Egyptian gas to Jordan.


It was not immediately clear who was responsible for the attack, which came as Israel expressed concerns its natural gas supplies from Egypt could be threatened if a new regime takes power in Cairo.


Egypt supplies about 40% of Israel's natural gas which is used to produce electricity. In December, four Israeli firms signed 20-year contracts worth up to $10 billion to import Egyptian gas.



פרסום ראשון: 02.09.11, 13:01
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