web analytics
November 25, 2014 / 3 Kislev, 5775
At a Glance
News & Views
Sponsored Post
IDC Herzliya Campus A Day on Campus

To mark IDC Herzliya’s 20th anniversary, we spent a day following Prof. Uriel Reichman, IDC’s founder and president, and Jonathan Davis, VP for External Relations, around its delightful campus.



Egypt Will Gladly Sell Gas to Israel, But at New Rates

Egypt's International Cooperation Minister Fayza Abul Naga wants to re-open the gas pipes to Israel, at a new price.

Egypt's International Cooperation Minister Fayza Abul Naga wants to re-open the gas pipes to Israel, at a new price.
Photo Credit: Maha Soliman

Egypt’s International Cooperation Minister Fayza Abul Naga said on Monday that Egypt is prepared to resume gas exports to Israel, but at new rates, after unilaterally canceling its previous, long-term contract, signed in 2005.

The official MENA news agency reported that Egypt had no objections to signing a new contract, with new conditions.

Abul Naga said Israel had been told five times prior to the cancellation of the contract that it was not living up to its obligations.

This is a diversion from an earlier statement by Egypt’s electricity and fuel minister Hassan Yunis, who said originally that the natural gas being diverted from Israel was going to be used domestically.

“The gas that used to be exported to Israel will be directed to Egyptian electricity plants, as we have more right to it,” Yunis told reporters.

The Israeli side of the dispute had kept its cool since the original Egyptian announcement, maintaining that there was a businesslike solution to the crisis.

Israel’s Foreign Minister Avigdor Lieberman said on Monday that he was hoping the dispute would be solved in a business environment, and that relations between the two countries would return to normal.

The Jerusalem Post reported that Prime Minister Benjamin Netanyahu told a group of Israel Bonds leaders on Monday that he did not “see this gas cutoff as something that is born out of political developments. This is actually a business dispute between the Israeli company and the Egyptian company.”

Netanyahu also promised on Monday that the Jewish state possesses “gas reserves that will make Israel totally energy independent, not only from Egypt, but from any other source, and which will turn Israel into one of the world’s largest exporters of natural gas. So we are quite confident on that score.”

About the Author: Tibbi Singer is a veteran contributor to publications such as Israel Shelanu and the US supplement of Yedioth, and Jewish Business News.


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.

No Responses to “Egypt Will Gladly Sell Gas to Israel, But at New Rates”

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Posted to Twitter in Ferguson, MO by St. Louis County Police: "Bricks thrown at police, 2 police cars burned, gun seized by police. Tonight was disappointing."  Their motto is, "To protect and serve."
Pro-ISIS Group Says ‘Use Ferguson Flames to Fuel Terror in America’
Latest News Stories
Posted to Twitter in Ferguson, MO by St. Louis County Police: "Bricks thrown at police, 2 police cars burned, gun seized by police. Tonight was disappointing."  Their motto is, "To protect and serve."

An ISIS-linked group calls for lone wolf attackers to use the Ferguson riots in America as cover for their activities.

View of the Old City Walls from Yemin Moshe

Originally the police claimed it was a fight between Arabs and Jews, and not a terror attack.

MK Tzipi Hotovely (Likud) will be receiving additional security protection.

Fire engine

It’s not yet clear if the attackers thought they were hitting a Jewish vehicle, or if the passengers were holding the firebomb.

A major rainstorm is expected to hit Israel overnight. Batten down the hatches

The documents, some of which were also found in a deserted apartment in Jerusalem, reportedly had belonged to a member of the prosecution team.

Only 49 US States have a Chabad House. Is this holding back the Moshiach?

All of the hit-and-run attacks were “accidents,” and no mention was made of the massacre in Har Nof.

The Netherlands will not recognize Palestinian statehood right now because it would not help restart peace talks with Israel, Dutch Foreign Minister Bert Koenders said.

According to his definition, anyone who wants to pray on the Temple Mount is a “right-wing extremist.”

But doesn’t “democracy” mean rights for everyone?

Among the song’s lyrics, depicting an Arab: “I will send a Jew or two to Hell…. I am just an ungrateful piece of scum.

Does democracy allow even a legislator to call a fellow MK a “fascist?

Bystanders caught on video the police arresting one of the suspects in the Old City stabbing.

The latest social fashion statement is a rage.

More Articles from Tibbi Singer
Ashkelon Mayor Itamar Shiloni

Mayor Shimoni was looking to provide security, albeit in an unpopular way, because his prime minister has not been able to. Calling him names does not change the fact that Israeli civilians are not safe from being murdered in the street by blood-crazy Arab individuals.

The Expulsion of Ishmael

If anyone has had any delusions about this not being a religious war, and anything but a religious war, one need only connect the images that are emerging from this morning’s massacre of four Jewish men in the middle of their morning prayer to the images of Jews massacred in Hebron, in 1929.

Published at Jewish Business News. It began last year with an announcement by Israel’s Ministry of Education, of a pilot study using digitally converted books and other teaching materials, which students would access with their tablets. Legally, teaching with tablets in Israeli schools is contingent on parental consent, especially since it’s the parents who were […]

Jon Stewart has opted, voluntarily and without pressures, out of the Jewish timeline. I suspect the bitterness in Stewart’s note is related to that decision.

Published at Jewish Business News. Forget the old, scary Ku Klux Klan, welcome to the newly branded Klan, the Rocky Mountain Knights, which offers membership to Jews, Blacks, Gays and Latinos. This could all be a conspiracy thought up by Bed, Bath and Beyond, to sell more white sheets. Because no matter who you are, […]

“There’s only one way to buy it,” Adelson said. “Money.”

A JStreet Poll full of contradictory results, discovers that American Jews love Bibi best.

UK schools that are found to be ‘indoctrinating pupils about gay people’ will face closing under new rules designed to promote ‘British values,’ the British Government confirmed Monday.

Printed from: http://www.jewishpress.com/news/israel/egypt-will-gladly-sell-gas-to-israel-but-at-new-rates/2012/04/23/

Scan this QR code to visit this page online: