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Egyptians protest sale of natural gas to Israel

08/24/2009
By Eric Watkins
The Egyptian-Israeli consortium Egyptian Mediterranean Gas (EMG) has finalized terms of an agreement to supply natural gas to Israel's Dorad Energy, revising an agreement initially struck in 2007.Under terms of the revised agreement, EMG will supply 12.5–16 billion cu m (bcm) of gas to Dorad Energy over 17–22 years at a reported cost of $2.1–3.3 billion.But opposition has mounted to the new agreement in Egypt, with critics saying that the gas is being sold to Israel at prices considerably lower than those found on the international market.Indeed, Ibrahim Zahran, a member of a coordinated campaign against exports of Egyptian gas to Israel, said the gas is almost as greatl...
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