Electric Corp. urgently seeking new gas supplier

25.04.2012                      03.Ijar. 5772                    Gefallenen-Gedenktag; Tag 18 des Omer

Energieversorgung:

Electric Corp. urgently seeking new gas supplier

Needs 5-month stopgap until Israeli gas starts flowing.

Needing to fill the energy void left by the Egyptians canceling the sale of natural gas to Israel, the Israel Electric Corporation is trolling the world for a new source. The IEC has published an international tender for purchase of imported liquefied natural gas, hoping to start buying as much as $700 million to $850 million worth on December 1, 2012….