Israel is expressing concerns about its natural gas supplies from Egypt and whether they could be threatened if a new regime takes power in Cairo. Egypt supplies about 40 percent of Israel’s natural gas most of which is used to produce electricity. Four Israeli firms signed this past December 20-year contracts worth up to $10 billion (7.4 billion euros) to import Egyptian gas.
Russia Today – Feb 5/2011
An explosion went off at a gas terminal in Egypt’s northern Sinai Peninsula on Saturday, setting off a massive fire along a gas pipeline that transports gas to Israel and Jordan. Head of Egypt’s natural gas company said the fire was caused by a gas leak. Earlier, the governor of the region said he suspected "sabotage," but provided no details. Israeli officials said it was not clear whether the explosion affected the pipeline leading to Israel.
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