(Reuters) "There is currently negotiation under way in full force to amend the gas agreements signed with various countries, especially Israel, with the aim of achieving a better return to Egypt," the official MENA news agency quoted Egyptian Petroleum Minister Abdullah Ghorab as saying on Sunday. The Egyptian press has accused the East Mediterranean Gas (EMG) consortium, which supplies 45% of the gas needs of Israel's electric utility, of selling its gas to Israel at below market prices.
2011-03-21 00:00:00Full ArticleBACK Visit the Daily Alert Archive