Tuesday, April 26, 2011

Egypt's natural gas line to Israel hit by explosions

A group of armed men have blown up the natural has pipeline in Egypt that supplies natural gas to Israel and Jordan.  Reuters claims that this was an "armed gang" of unknown origin. Reuters said that the supply of gas to Israel had been affected.  The gas line was shut down as workers tried to repair the line. 

Israel gets 40 percent of its natural gas from Egypt and there have been allegations of massive corruption and dirty deals being made out of the deal by the Mubarak family and his cronies.The pipeline is a major issue in the area as Jordan also depends on natural gas for 80% of its electricity. We have yet to see the results of that the uprising in Egypt will have on the Israel/Egypt peace accord.  Egypt has given Israel a relatively secure eastern flank blocking entrance to Gaza and supporting the siege. More here

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