Daily Alert Archives

Egyptian Gas

(Jerusalem Post) Editorial - Egypt's unilateral abrogation of its gas transaction with Israel hardly augurs well. The 20-year agreement signed in July 2005 was based on the peace treaty between the states and was contracted by the two governments. The Mubaraks now stand accused of having sold gas too cheaply to Israel in return for kickbacks. The truth is irrelevant in Cairo. Israel is cast as the villain. The sabotaged gas pipes are the least of our troubles in Sinai, where Bedouin tribes have made the peninsula a highway for illegal migration from Africa, human and drug trafficking and terror operations. Under these circumstances, the gas deal with Egypt was a goner anyway. But with matchless insolence Egypt actually accuses the Israeli buyers of its fuel of not paying for the gas which was consumed in flames after the pipes were blown up in Egyptian territory or for gas not delivered altogether because the pipeline connections had been violently severed.
2012-04-27 00:00:00
Full Article