Egypt reportedly made a commitment in Tehran to stop providing natural gas to Israel. So did Qatar and dozens of other countries.
By Chana Ya'ar
First Publish: 10/4/2011, 3:16 AM
Egypt, which currently provides about 40 percent of Israel's natural gasthrough its Sinai Peninsula pipeline, has reportedly agreed to halt sales to the Jewish State during a conferencein Tehran, according to the IranianFARS news agency. So has Qatar, which in the past has expressed its willingness to sell gas to Israel if the Egyptian supply were to vanish.
If true, gas prices in Israel could skyrocket until the Jewish State secures another source. Due to at least six terrorist attacks and sabotage this year alone, the amount of diesel fuel used to generate electricity rose by 103 percent since January, as compared with the same period a year ago.
The delegation from Cairo was among dozens of others at the 5th InternationalConference on the Palestinian Intifada, where participants announced the agreement to cut the supply of natural gas to Israel from their countries in a final statement issued by the “Political Groups and Parties' Commission.” Read the rest on: Arutz7
If true, gas prices in Israel could skyrocket until the Jewish State secures another source. Due to at least six terrorist attacks and sabotage this year alone, the amount of diesel fuel used to generate electricity rose by 103 percent since January, as compared with the same period a year ago.
The delegation from Cairo was among dozens of others at the 5th InternationalConference on the Palestinian Intifada, where participants announced the agreement to cut the supply of natural gas to Israel from their countries in a final statement issued by the “Political Groups and Parties' Commission.” Read the rest on: Arutz7
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