CAIRO: An official memorandum is being prepared by petrol expert, Ramadan Abu el-Ola, and a group of others to be submitted to the Minister of Petroleum, Abdullah Ghorab, and the military council. The request is to approve the proposal to resort to the International Tribunal to terminate the contract with Israel about exporting Egyptian gas, especially since the contract is not based on any legal or constitutional grounds. According with applicable laws in Egypt, experts said Egypt will be charging Israel U.S. $10 billion. This new price is the difference of price given to the former government of Israel illegally at the expense of Egyptians. The members of the Board of Directors of the Eastern Mediterranean company, responsible for exporting Egyptian gas, decided the shareholders of the company should ask the Egyptian government for compensation of more than U.S. $8 billion as a result of repeated attacks on the man gas pipeline. The explosions affected the movement of gas flow to Jordan and Israel. Abu el-Ela called upon the Military Council and the current government to resort to the International Tribunal to freezing the convention and to compel Israel to search for alternative means of energy. He pointed out attacks will continue if implementation of the convention doesn't stop. Aby el-Ela said there is no reason for Israel to sue Egypt if gas flow is interrupted, caused by explosions of the gas pipeline repeatedly. He pointed out Israel is receiving gas at low rates, according to the director of contract management company, an average of U.S. $4.15 per thermal unit, which is a low price. Russia sold oil to the EU at the same time of signing the agreement in 2008 to Britain at U.S. $13.6 per thermal units.
