Friday, May 6, 2011

Egypt to gain additional US$4 billion from higher prices of gas exported to Jordan and Israel

Egyptian Prime Minister Essam Sharaf said that Egypt would reconsider the contracts for exporting natural gas to Israel and Jordan. This will enhance the country's revenues by 3 to 4 billion dollars per year. Sharaf was expected to discuss this issue during meeting with Jordanian Energy Minister Khaled Touqan on Thursday.

Revised gas contracts with Israel and Jordan will enhance Egypt's revenues by 3 to 4 billion dollars per year
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www1.albawaba.com/main-headlines/egypt-gain-additional-us4-billion-higher-prices-gas-exported-jordan-and-egypt

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