03.07.2011                      01.Tammus, 5771

Erdgas-Import:

Amid uncertainties over Egyptian gas supply / Electricity rates may increase only for summer

The authority is planning to raise electricity prices by 20% due in part to the lack of Egyptian gas, which has forced the Israel Electric Corporation to resort to more expensive fuels.

The Electricity Authority may raise power prices for the summer alone, on the assumption that Egypt may yet resume exporting the contractually required volume of gas.
The authority is planning to raise electricity prices by 20% due in part to the lack of Egyptian gas, which has forced the Israel Electric Corporation to resort to more expensive fuels….