Egypt PM says to review terms of gas deals with Israel, Jordan

14.04.2011                      10.Nisan, 5771

Wirtschaft:

Egypt PM says to review terms of gas deals with Israel, Jordan

Essam Sharaf says revision could boost Egypt's income from natural gas sales by $3 billion to $4 billion; four Israeli gas exploration partnerships will be raising about half a billion shekels after Passover to finance the next stages of their explorations.

The move had long been expected and is indeed taking shape: Egypt will review the contracts under which it supplies natural gas to Israel and Jordan, Prime Minister Essam Sharaf said yesterday. The revision could boost Egypt's income from natural gas sales by $3 billion to $4 billion, the prime minister said.
State news agency MENA reported that Sharaf will meet with Jordanian Energy Minister Khaled Toukan today to discuss gas deals and broader energy cooperation….