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Monday, March 1, 2010

Egypt overturns ban on gas sales to Israel

Sun Feb 28, 2010

Egypt's Supreme Administrative Court has overturned an earlier ruling by a lower court that had banned gas exports to Israel.

The court overturned the ruling on Saturday, also saying the decision cannot be appealed, MENA news agency reported.

It said that the lower court had no jurisdiction over what it described as an act of sovereignty.

Under the new ruling, the government should specify the amount and price of gas it exports to Israel.

Oil and gas export treaties and the peace treaty with Egypt "gave Israel the right to acquire Egyptian oil and gas like any other country, without the slightest discrimination," the court was quoted by AFP as saying.

The decision is bound to anger Egyptians who oppose ties with the Tel Aviv regime which has imposed a crippling three year siege on Palestinians in the Gaza Strip.

Egypt began exporting fuel to Israel's Electric Corp in May 2005, agreeing to supply 1.7 billion cubic meters (5.6 billion cubic feet) a year for 20 years.

Source: PressTV.
Link: http://edition.presstv.ir/detail/119676.html.

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