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    MENAFN: Israeli Energy Minister's Statements Evoke Egyptian Government's Silence

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Summary

A senior official has told Daily News Egypt that right now Cyprus and Israel are the only sources for suitably priced gas due to proximity

by: Erica Mills

Posted in:

Press Notes, Africa

MENAFN: Israeli Energy Minister's Statements Evoke Egyptian Government's Silence

The Egyptian government has remained silent on the Israeli minister of energy's statements that Egypt has to import gas from Tel Aviv at approximately 7-8 per million thermal units.

A senior official told Daily News Egypt that Egypt has to import gas from Israel to operate the liquefaction plants at EDCO and Damietta. The plants have been at a standstill for over a year due to gas shortages.

He said that the Israel and Cyprus pipelines are the only ones offering gas at suitable prices, because the distance between Egypt and their production fields could be linked by maritime pipelines.

Read the full article HERE.