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Israeli Company Walks Away from Egyptian Gas Holdings, Owner Sells Yacht

26 Iyyar 5772 – May 18, 2012
Ampal-American Israel Corp decided to write off its entire 12.5 per cent investment in East Mediterranean Gas, the company that sold Egyptian natural gas to Israel before Egypt called off the exports. Ampal is controlled by Israeli tycoon Yossi Maiman, who put his yacht up for sale this week, as a belt tightening measure.

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Printed from: http://www.jewishpress.com/news/israel/israeli-company-walks-away-from-egyptian-gas-holdings-owner-sells-yacht/2012/05/18/

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