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 Israel...
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