Pipelines, Storage & Power

Cairo rules out Israeli gas imports until disputes resolved

Egypt will not import gas from Israel until arbitration cases between the two countries are settled, meaning Israeli producers may have to look to the home market Egypt will not import gas from Israel until arbitration cases between the two countries are settled, meaning Israeli producers may have to look to the home market.
By James Gavin 24 November 2017 0 28540
The Idku LNG export plant in Egypt. Egypt’s Idku LNG plant. The country will soon be a gas exporter again. (Shell)

The prospects of Israel exporting gas to Egypt are shrinking after the Egyptian petroleum minister ruled out issuing permits for such deals as long as arbitration cases between the two countries remain unresolved. Egypt’s new gas law, ratified in August, ended the state’s monopoly on marketing gas and had been expected to lead to Israeli imports. 

The cases in question involve a series of counterclaims between Egyptian and Israeli companies involving East Mediterranean Gas (EMG), which operated the pipeline sending Egyptian gas to...