Last Thursday, the Egyptian natural gas consortium EMG began exporting to Israel Electric power stations in Ashdod and Tel Aviv.
The agreement, signed in 2005, calls for EMG to supply Israel Electric with 1.7 billion cubic meters annually over a period of 15 years, with an option to increase the amount by 25 percent and to extend the length of the contract an additional five years. The deal is said to be worth $2.5 billion.
meanwhile ...
The UN has stopped distributing food in the Gaza Strip as its main agencies have run out of fuel for vehicles. To make matters worse, many bakeries in the enclave were closed as they had run out of gas.
1 comment:
egypt is heavily reliant on US aid money .. and it has to do what the US wants if it wants to keep getting that aid .. simple as that.
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