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Israel to sue Egypt over cessation of gas exports
MAHMOUD MOHEY SAMAR SAMIR Published in Youm7 on 27 - 09 - 2011

JERUSALEM: Israeli Electricity Company will sue Egypt for ceasing natural gas exports to Tel Aviv for more than 200 days in 2011, reported the Israeli newspaper Haaretz.
The company will sue the East Mediterranean Gas Company 's (EMG) asking for financial compensation could reach $ 8 billion.
Egyptian fugitive business tycoon Hussein Salem is partner in EMG.
The stoppage pushed the company to use substitute fuels that cause pollution and drove up electricity prices by 10 percent.
Egyptian gas stopped flowing into Tel Aviv after four explosions damaged Egyptian gas pipelines transporting gas to Israel. Gas did not flow due to secure and political circumstances in Egypt.
The company described all details in a report to be referred to an international arbitrator body.

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