MK Shama: "Playing with gas is playing with fire"

"Israel's energy economy must take into account a scenario of no gas deliveries from Egypt."

"Playing with gas is playing with fire. Israel's energy economy must take into account a scenario of no gas deliveries from Egypt," Knesset Economic Affairs Committee MK Carmel Shama said today during a special discussion on the effect of developments in Egypt on the Israeli energy market.

The discussion came after an explosion and fire at a gas metering station on the El Arish-Ashkelon natural gas pipeline halted deliveries of natural gas from Egypt to Israel. East Mediterranean Gas Co. (EMG). The company said that deliveries will resume in a week.

Published by Globes [online], Israel business news - www.globes-online.com - on February 6, 2011

© Copyright of Globes Publisher Itonut (1983) Ltd. 2011

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