Analysis / Opinion

Opinion: Termination of Israeli-Egyptian natural gas agreement serves dangerous precedent

Following the announcement by the CEO of the Egyptian Natural Gas Holding Company of the termination of the agreement with Israel, after 14 attacks against the pipeline since the revolution, Zvi Bar’el explores the causes behind the decision.
As the agreement symbolizes for many the corruption of the Mubarak regime, pressure from the street may have played a role in the decision. A business dispute with Israel may also be a factor. But ultimately, Bar’el says, Egypt’s ruling Supreme Council of Armed Forces (SCAF) was not the one making the decision and it may call on the company to reconsider its decision; if the move is indeed seen as a result of the failed fight against Sinai militant groups, the SCAF may find itself further criticized for its handling of the instability in the peninsula.

Haaretz, Israel

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