An explosion on Sunday rocked the Egyptian pipeline built to carry natural gas to Israel and Jordan, the 15th time it has been attacked since the start of the uprising in early 2011 that toppled President Hosni Mubarak.
The decision to halt Egyptian natural gas exports to Israel was not due simply to commercial differences, international shareholders in the consortium involved said on Wednesday, dismissing claims they were behind in payments.
Areas that Egypt plans to offer for natural gas exploration will include one off the Nile delta that Royal Dutch Shell abandoned early this year because the company could not make it work commercially, Egypt's oil minister said on Tuesday.
A pipeline transporting Egyptian natural gas to Israel and Jordan was damaged by two explosions, forcing a halt in exports of the fuel in the seventh such attack since February, Egypt’s Oil Ministry said.
UAE energy firm Dana Gas said on Monday that its overdue receivables from Egypt for the gas delivered there has risen to around $200 million from $180 million previously and added that it was optimistic payments were coming.
An explosion rocked a natural gas terminal near Egypt's border with Israel on Wednesday, sending flames shooting into the air in the early hours of the morning and forcing the shutdown of the country's export pipeline.
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