Egyptian Oil Minister told Wall Street Journal that gas price must be right and the current legal complaint by Union Fenosa Gas against Egypt must be dropped.
By i24news
Egypt is ready to take the controversial step of importing natural gas from Israel, if the price is right and if one of the gas companies involved in the deal drops legal action, Egyptian Oil Minister Sherif Ismail told The Wall Street Journal on Thursday.
“We would approve the gas deal if it will meet domestic demand, offer high value for the Egyptian economy and if the international arbitration with one of the companies is resolved,” Ismail said. Continue Reading »