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Monday, March 14, 2011

Natural gas from Egypt to start flowing again?

Israel's natural gas deliveries from Egypt are set to resume on Monday after being suspended for nearly a month due to an explosion in the pipeline that was caused by a terror attack.
East Mediterranean Gas Company (EMG) today told its customers that it is gradually resuming gas supplies starting Monday.

The supply was cut off on February 5, shortly after the Egyptian uprising began, following a terror attack on the pipeline between Suez and El Arish. Since then EMG has five times announced the resumption of supplies only to postpone the date.

Most recently there had been reports of Beduin opposition groups staging protests against flow resumption, as well as Egyptian officials working with the Jordanian government to raise rates.
I'll believe it when I see it.

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