For the third time since the fall of Hosni Mubarak in February, on 4th July saboteurs blew up part of the gas pipeline in northern Sinai which takes gas from Egypt to Jordan and Israel.
The pipeline feeds into two export pipelines which bifurcate at el-Arish. One goes to Ashkelon and delivers up 2.4 billion cubic metres a year of gas to Israel. The other, the Arab Gas Pipeline, goes south and delivers up to 4.5 bcm a year to Lebanon, Jordan and Syria.
The explosion was at a pumping station at Nagah in Bir Abdu, 60km east of Suez. According to security sources quoted in the media, a group of armed men forced the staff at the station to leave before blowing it up. Ampal-American Israel Corporation, which has a 12.5 per cent stake in East Mediterranean Gas (EMG), operator of the Arish-Ashkelon pipeline, said the explosion occurred at the point where the two pipelines diverge.
The damage was quickly repaired and gas supplies resumed to Israel within two days, albeit at a reduced rate, according to Ampal. After the previous explosion on 27th April, gas flows did not resume until early June. Not so, according to Egypt. Al Masry Al Youm quoted an official from the Egyptian Natural Gas Company (GASCO), the company responsible for exporting natural gas to Israel, as denying that gas exports to Israel had resumed.
GASCO chief Magdy Tawfiq said that repair work was still underway. He explained that the company shut off valves to stop the flow of gas while residual gas was drawn out of the pipe to empty it. He expected the repairs to be completed shortly as damage was limited.
For more news and expert analysis about Egypt, please see Egypt Politics & Security.
© 2011 Menas Associates
Showing posts with label East Mediterranean Gas (EMG). Show all posts
Showing posts with label East Mediterranean Gas (EMG). Show all posts
Tuesday, 12 July 2011
Tuesday, 14 December 2010
Egypt signs gas deal with Israel

Egypt's East Mediterranean Gas (EMG) company has signed a multi-billion dollar agreement with an Israeli company to buy Egyptian natural gas for the next 20 years.
The contract stipulates that EMG will provide Leisrael with 1.4 billion cubic metres of gas per year for the next 20 years. The gas delivery is expected to begin in the first or second quarter of 2011. The $4.2 billion contract is estimated to reach $10 billion over time.
The new deal is part of an agreement EMG signed with US-Israeli consortium Yam Thetis in 2008. The deal stipulated that Egypt would sell 2 billion cubic metres of natural gas and fertiliser to Israel until 2015.
EMG is a joint company owned by Egyptian businessman Hussein Salem, Egypt Natural Gas Company, Thailand's PTT, Israel's Merhav Group, Ampal-American Israel Corp and American businessman Sam Zell.
Source: PressTV
For more news and expert analysis about Egypt, please see Egypt Politics & Security.
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