web analytics
September 19, 2014 / 24 Elul, 5774
At a Glance
News & Views
Sponsored Post
Apartment 758x530 Africa-Israel at the Israel Real Estate Exhibition in New York

Africa Israel Residences, part of the Africa Israel Investments Group led by international businessman Lev Leviev, will present 7 leading projects on the The Israel Real Estate Exhibition in New York on Sep 14-15, 2014.



Egypt Halts Gas Supply to Israel, Concerns Over Future of Treaty Arise

The border fence between Israel and Egypt has been bolstered recently, in response to the deteriorating relationship between the two countries.

The border fence between Israel and Egypt has been bolstered recently, in response to the deteriorating relationship between the two countries.
Photo Credit: Yuval Nadal Flash90

Despite major concerns being raised about the future of peace between Egypt and Israel in the wake of Egypt’s decision to terminate the a contract to provide natural gas to the Jewish State, Foreign Minister Avigdor Lieberman said Monday that he hopes the dispute will be solved in a business environment, and that relations between the two countries will return to normal.

“We want to believe this is a commercial dispute, and not a political one,” Lieberman told Army Radio on Monday.  “The peace agreement is important to Israel, and no less so to Egypt.”

On Sunday, Egypt announced that it would no longer provide natural gas to Israel, a $2.5 billion, 15 year arrangement made between Israel and then-president Hosni Mubarak in June 2005, but predated and bolstered by the 1979 Egypt-Israel peace treaty, which stipulates that the countries will trade normally for products such as oil.

Egyptian officials say the decision to stop supplying gas to Israel was a commercial one and that Israel has not paid for gas Egypt has been sending.  Israeli officials say Israel was up to date in payments, and paying a fair price for the product.  “EMG (East Mediterranean Gas) considers the termination attempt unlawful and in bad faith,” said Ampal-American Israel Corp., which owns 12.5 percent of East Mediterranean Gas .

The provision of gas by Egypt to Israel has been mired in controversy and difficulties, with Muslim Brotherhood and Islamic party representatives decrying the agreement, and the pipeline between the countries being bombed 14 times in Sinai since the Arab Spring took hold of Egypt in January 2011.  The latest attack was on April 8. Ampal has been in international arbitration to get compensation for the supply shortages it has suffered due to the attacks.

Though Israel has continued to function normally despite the frequent gas disruptions and the current halt in supply, electricity prices have risen significantly since the pipeline attacks began, and the possibility of periodic blackouts during the summer has risen.  Prior to the attacks, 40% of Israeli electricity needs were being met by Egyptian gas.

The failure of the natural gas deal was viewed ominously by Israeli leaders on Sunday night, with the Finance Ministry calling Egypt’s actions “a dangerous precedent that casts clouds over the peace agreements and the atmosphere of peace between Egypt and Israel.”

Minister of Energy and Water Dr. Uzi Landau said that he instructed officials already two years ago to prepare for a halt in gas imports from Egypt.

Dr. Landau has spent the last few years in office preparing the country for energy independence, which is proving an even more vital strategy due to yesterday’s announcement in Egypt.

About the Author: Malkah Fleisher is a graduate of Cardozo Law School in New York City. She is an editor/staff writer at JewishPress.com and co-hosts a weekly Israeli FM radio show. Malkah lives with her husband and two children on the Mount of Olives in Jerusalem.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

3 Responses to “Egypt Halts Gas Supply to Israel, Concerns Over Future of Treaty Arise”

  1. Djilali Bellahsene says:

    Hooray and hallelujah! the end of the Zionist state is more promised than its passed!

  2. Ruth Hirt says:

    Remain in the word of G_d, Israel. Take comfort, read Psalms 2, seek G_d's face and call His Name, we are praying with you. He is preserving you, Israel.

  3. Ruth Hirt says:

    Be blest in Christ Jesus, classmate @Carlo C Javier, as you continue praying for Israel from her adversaries.

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Protest rally against Metropolitan Opera staging Death of Klinghoffer on 9/22 at 4:30 pm at the Met.
For Grass Roots Klinghoffer Protest 9/22, Jewish Establishment MIA
Latest News Stories
Protest rally against Metropolitan Opera staging Death of Klinghoffer on 9/22 at 4:30 pm at the Met.

This Monday, starting at 4:30 p.m. ET, a rally is taking place on the steps of Lincoln Center. The rally is intended to give a voice and add faces to the ongoing furor over the Metropolitan Opera staging a wildly anti-Semitic opera, “The Death of Klinghoffer.” The opera was first staged in 1991, and is […]

A US Air Force (USAF) F-15E Strike Eagle aircraft in flight.

The Senate has approved the ‘ISIS Bill’ to train and arm 5,000 Syrian rebels against ISIS, but the American military is hoping for more.

The two Iranians had changed the photos in the stolen passports, replacing them with their own.

The victims found the bomb, began to tinker with it, and it exploded.

French fighter planes hit ISIS targets in Iraq on Friday.

A convoy of bulldozers supported by tanks reportedly entered Gaza on Friday.

Approximately 1000 Kurds, mostly women and children, are running for their lives to the Turkish border to escape ISIS (Daash).

The general did not say which variant of the missile the country bought, bu did mention the DF 21 is capable of carrying a nuclear warhead.

An airlift of 21 flights from El- Al Airlines flying from 10 different international locations, are bringing parents of lone soldiers serving in the IDF to Israel.

Armi fell from the 13th floor of a building, when both his rappelling cables snapped.

Gidon’s Saar’s quitting gives other Likud members the chance for promotion.

The poll shows that “Jewish Home” party members like and appreciate their current leadership.

It doesn’t matter your age, and there’s no embarrassment in other boys knowing, boys like toys that fly and that make big, loud sound, or do other cool stuff. In fact, if the boys are smart, they make it look very serious, so they can play with the toys at work too. That’s when remote […]

The people of Scotland have spoken: they will remain part of the United Kingdom.

Terrorists from Shuafat Refugee Camp opened fire at a home in Pisgat Ze’ev…

Defense official do not believe Hamas will actually begin shooting rockets at Israel over the next week or two.

More Articles from Malkah Fleisher
Godzilla (R.)

A green bell pepper affectionately dubbed “Godzilla” by the children of Moshav Ein Yahav in the northern Arava desert has won a place in the Guinness Book of World Records.

Though the permissibility of watching hired sports players go to battle in a large stadium is a source of controversy amongst Torah observant Jews, the food being served at the upcoming Super Bowl games in New Orleans is not.

Rabbi Yitzchok Moully, youth director at the Chabad Jewish Center in Basking Ridge, New Jersey, will be introducing a new art installation in honor of Tu B’Shevat, the Jewish New Year of Trees, inspired by the destruction of Hurricane Sandy.

More than 2,000 people have made contributions in memory of the young victims of the school shooting in Newtown, Connecticut to plant a grove of trees in Israel.

Shoshana Hebshi, a half-Jewish, half-Arab woman from Ohio is suing Frontier Airlines, the FBI, TSA and other governmental agencies after she says she was forced off a flight, strip-searched, and imprisoned on the tenth anniversary of the World Trade Center attacks.

Women may enter military combat in the United States, following the lift of a military ban on women in combat by defense secretary Leon Panetta.

The Jewish National Fund will reconsider a plan to forest parts of the Arava desert, following the request of environmental organizations to consider the impact of trying to alter the native ecosystem.

Russian Foreign Minister Sergei Lavrov warned Israel and western countries not to attempt to stop Iran’s nuclear program through military means.

Printed from: http://www.jewishpress.com/news/egypt-halts-gas-supply-to-israel-concerns-over-future-of-treaty-arise/2012/04/23/

Scan this QR code to visit this page online: