Egypt terminates 2005 gas deal with Israel
Egypt has repealed a 2005 gas export accord with Israel, which used to rely heavily on Egyptian natural gas to generate electricity. - The deal was "annulled on Thursday with the East Mediterranean Gas Co (EMG), which exports gas to Israel, because the company failed to respect conditions stipulated in the contract," Mohamed Shoeib, the chairman of state-owned Egyptian Natural Gas Holding Company, told AFP on Sunday. The provision of gas to Israel has constantly formed a contentious topic among the Egyptian public, which views Tel Aviv as an enemy and opposes engaging in any form of business with it.