Thursday, June 2, 2011

Dispute Grows as Egyptian Gas Doesn’t Flow to Israel - NYTimes.com

In Israel, which depends on Egypt for 40 percent of its natural gas, the electric company has warned that customer rates could rise by 15 percent. Officials in the Israeli company that co-owns the gas line say the Egyptian government is afraid of popular opposition to Israel and the perception that Israel has had a sweetheart deal.

Dispute Grows as Egyptian Gas Doesn’t Flow to Israel - NYTimes.com