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Egypt terminates Israel gas deal

Egypt,Business/Economy, Mon, 23 Apr 2012 IANS

Cairo, April 23 (IANS/RIA Novosti) Egypt has terminated a long-term gas deal with Israel because of violations of contractual obligations, Egypt's daily al-Ahram reported.

 

The Egyptian Natural Gas Holding Company's decision Sunday comes after a string of cross-border pipeline attacks in the 14 months since Egyptian president Hosni Mubarak's ouster last February. The move overshadows the peace agreement between the two countries.

 

--IANS/RIA Novosti

 

snb

 


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