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Monday, February 28, 2011

Egypt-Israel gas pipeline may stay closed

The New York Post reports that the Egypt-Israel gas pipeline, which was shut down as a precaution on February 5 after an explosion in the adjoining Egypt-Jordan gas pipeline, may not be reopened.
"That pipeline may stay offline," said Delphi Global Analysis Group founder David Wurmser, who from 2002 to 2003 was senior adviser to Under Secretary of State John Bolton. "I think the days of that pipeline are numbered."

Israel needs the natural gas. Experts said the country has enough energy resources to last only until 2013, including gas shipments from Egypt. Its promising $3 billion Tamar natural gas project is not expected to begin delivering fuel until the end of 2013.

"The question is how do you get to 2014?" Wurmser said.

Michael Makovsky from the Bipartisan Policy Center, a Washington think tank, said Israel cannot buy fuel from its Arab neighbors but could cobble together a solution by buying coal or expensive diesel and fuel oil.

Even before the Egypt uprising that put the military in power, the Egyptian Energy Minister faced pressure to shut off the pipeline because Egypt itself is facing an energy shortage.

"The military might see closing the pipeline as an easy way to show protesters it is listening to their concerns," Makovsky said.
Anyone want to provide two years' worth of natural gas for a small Middle Eastern country? I may have some helpful connections....

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At 9:24 AM, Blogger NormanF said...

Israel could accelerate the development of its natural gas fields.

Now is the time to do it. Why wait three years?

If you will it, it is no dream.


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