Egypt terminates gas deal with Israel for non-payment!

irish 2012/04/24 14:31:01

Egypt terminates gas deal with Israel for non-payment!

Mohamed Shoeb, the gas company's top official, said Sunday's decision
was not political. "This has nothing to do with anything outside of the
commercial relations,'' Shoeb said.

He said Israel had not paid for its gas in four months.


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  • Robert Affinity 2012/04/27 21:31:41
    Robert Affinity
    Even the Al Jazeera article you linked to notes that it is a bit more complicated than that.

    The Egyptians claim that they are terminating the agreement because Israel has not paid.

    Israel claims this is unfair because Egypt failed to supply the gas that Israel already paid for...

    If you use google and learn even more, it seems that Egypt is under pressure to end their relations with Israel and that the pipeline has been blown up by Arab terrorists several times. As a result, Egypt failed to supply the gas to Israel in the first place and is now using the excuse that Israel has not been paying the monthly bill for 4 months (which makes sense when the gas has not been delivered to Israel for many more months).
  • irish Robert ... 2012/04/28 12:19:01
    i believe the company is telling the truth. they haven't paid.
  • Robert ... irish 2012/04/30 20:33:42
    Robert Affinity
    You are not quite answering my reply or recognizing what even Al Jazeera said.

    1. Israel has not paid their gas bill in 4 months.

    2. Egypt has not supplied gas in MORE than 4 months.

    3. Israel asked, "why should we pay the bill for gas that was never delivered?"

    4. The gas was not delivered because Arab terrorists keep blowing up the pipeline on the Egyptian side (about 14-15 times over the last year.

    So, no one is disputing whether or not Israel has paid their bill for the last 4 months.

    The questions are:

    A) Should Israel have to pay a bill for gas that was never delivered in the first place?
    B) Is the non-payment the "true" underlying reason for the attempt to annul the deal?

  • irish Robert ... 2012/05/01 12:34:13
    because,israel has not paid so why should egypt deliver it?
  • Robert ... irish 2012/05/07 19:02:27
    Robert Affinity
    You have the order backwards.

    The Egyptian company stopped delivering gas BEFORE Israel stopped paying.

    That is the crux of the Israelis' complaint about the Egyptian company ending the contract for non-payment.

    Of course, if they received the gas and then didn't pay, they would not have the grounds to file a case.

    The Egyptian company claims that Israel owes the money regardless of whether the gas is delivered or not. But, it really has little to do with money but with public opinion in Egypt.
  • ☥☽✪☾DAW ☽✪☾ 2012/04/24 15:00:53
  • irish ☥☽✪☾DAW... 2012/04/24 15:03:40
    yes,FINALLY someone stops pandering to the bully victims.

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