Israeli company writes off stake in Egyptian gas

An Israeli company has written off its entire 12.5 percent investment in the company that sold Egyptian natural gas to Israel before Egypt terminated the exports.


Ampal-American Israel Corp. said this week that the scrapping of the deal and uncertainties in Egypt led to its decision to consider that its holding in East Mediterranean Gas has no value. (AP)



פרסום ראשון: 05.16.12, 17:50