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mardi 9 août 2011

Economic relations between Egypt and Israel eroded

Economic relations between Egypt and Israel eroded
Ocean - Zainab Makki[More after the flames]After the flamesCame out and Infrastructure Minister in the Israeli government, Uzi Landau, after the explosion of a gas pipeline between Egypt and Israel for the fourth time in 6 months, says that Israel should it do a search for sources of alternative energy for Egyptian gas, saying that "the most important link to economic between Egypt and Israel is eroding" .


Landau and announced to raise the prices of electricity, but he constantly reassured the public electricity supply as usual, but at higher prices, since Israel will be forced to use other sources of gas, saying that "prices will rise about 20% due to the use of gasoline and diesel fuel."


And exposed gas lines that carry natural gas to Israel to four explosions since the departure of former Egyptian President Hosni Mubarak in February, 3 of which succeeded in stopping the supply of gas already.


It is worth mentioning that Israel received 40% of its gas from Egypt, despite a statement to the Landau that "the reserves of the field Tamar able to fill our needs for 25 years."


The newspaper "Ha'aretz," Israel should have said that Tel Aviv began to look for an alternative to the Egyptian natural gas, after the bombing, as quoted Landau as saying: "The gas deal signed between us and Egypt has been a mainstay, but it was the most important agreements that were signed in economic area with Egypt. "


[Israeli Minister Uzi Landau]Israeli minister Uzi LandauHe added: "But he started to fade gradually and in spite of that Israel is ready and willing to rely on other energy sources more expensive to supply electricity to the state."


On the other hand, in Egypt, said Hassan Al-Mahdi, head of the holding company for gas, in remarks to the newspaper "Al Masry Al Youm," The explosive fourth would be hard to justify the conditions of force majeure to international parties, pointing out that the parties to a company gas "Eastern Mediterranean" moved already to demand that the Egyptian government for compensation for the export of gas stops.


The Magdy Tawfiq, head of the Egyptian Company for Natural Gas, stressed that yesterday's bombing, stop the consequent supply of the city of El Arish and the cement plants and power station with gas, as well as a halt to export.


He called Dr. Nabil Hilmi, a professor of international law, the Government to take necessary action in case of escalation of company "Gas Eastern Mediterranean," a repetition of bombings against the gas pipeline to international arbitration in Egypt to demand compensation.


He said the government should focus on highlighting its commitment to the legal aspects and security with respect to the line, such as highlight and demonstrate the security measures taken for securing the line until the other side does not focus on trying to prove the existence of errors from the government about the situation.[Bombing IV]The fourth bombing


The unidentified blew up yesterday natural gas pipeline passing through area long Southeast Arish, and heard the city's population was a huge boom Oikzam in the early hours of yesterday morning to watch the flames reach a height between 20 and 25 meters, and did not succeed the attack injuries, but damaged land in the area plantations surrounding it.


The source said "the Egyptian Company for Natural Gas", the technical team from the Petroleum Authority of closed valves leading to the main scene of the bombing to stop the flow of gas through the tube burning, which reduced the severity of the fire, which put down after a few hours to stop the flow of gas.
 

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