In an attempt to increase Israeli self-sufficiency and strengthen economic bonds with Europe, Israel has announced plans for the construction of an Ashdod power plant which will be linked to European markets through Cyprus.
Egypt has also been seeking this sort of opportunity to create an infrastructural tie to Europe. As a result, Egyptian media has been decrying Israel for signing such a deal without notifying Egyptian politicians, although it seems that Hosni Mubarak and a few in his inner circle knew of, and did not protest, the pending deal. This has further inflamed any semblance of anti-Israel sentiments, especially among those who feel that the Jewish state has been manipulating the progress of the Egyptian revolution.
Nevertheless, amid the uncertain future of the 1979 Israeli-Egyptian peace agreement and the threat of price hikes on natural gas transported through the Sinai gas pipeline, Israel’s move to strengthen its energy production and ties the European grid seems to be an investment towards greater infrastructural integrity.
Arutz Sheva, Israel