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Gas Pipeline Between Israel, Egypt To Resume Activity
[Ynet] Israel signs deal with Egyptian company to supply a minimum of 5 million cubic meters of natural gas over the next three years.

A deal signed between the Israeli Tamar gas reservoir and Egyptian company Dolphinus Holdings will soon bring to the resumption of natural gas flow Israel and Egypt. The gas flow from Egypt to Israel was halted two and a half years ago, after terror organizations operating in the Sinai Peninsula repeatedly targeted the pipe with explosives.

Since then, the Tamar reservoir started operating and the signed agreement includes the export of up to 2.5 billion cubic meters of natural gas surplus from Israel to private industrial customers in Egypt.
So the slightly obfuscated detail in this story is this: the gas is now flowing in the other direction.
Indeed. Which means that, like Russia to Europe, the influence belongs to he who controls the spigot.
The supply of gas will be on a regular basis, and will be supplied after meeting the needs of Israeli customers, but the partners agreed to supply a minimum of five million cubic meters over three years.

This deal joins contracts other companies sharing Israel's gas reservoirs have signed with Middle Eastern clients, including the Paleostinian Authority, as well as to agreements to sell Israeli gas to the liquefaction plants of Union Fenosa and British Gas in Egypt, and an agreement with the Jordanian National Electric Power Company.

The deal was signed thanks to the apparent improvement of the Egyptian military control of Sinai and the decrease in terrorist activity in the peninsula.
Posted by: trailing wife 2014-10-20
http://www.rantburg.com/poparticle.php?ID=402383