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Israel, Egypt
Pipeline Deal
Tel Aviv (JTA) — Egypt has
agreed to supply natural gas
by pipeline to Israel, and the
two countries have agreed to
share national electric
power grids.
Energy Minister Moshe
Shahal announced the
agreements last week
following his return from a
working visit to Cairo.
Mr. Shahal also disclosed
that an agreement had been
signed with an Egyptian oil
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Moshe Shahal:
Worked out deal in Cairo.
company to search for oil in
Israel.
Mr. Shahal told the Econ-
omic and Nautical Club in
Haifa that Egyptian Oil
Minister Hamdi Banbi had
agreed to the pipeline ar-
rangement, under which
Egypt would supply natural
gas to Israel via a pipeline
that will be built at the Nile
delta.
Under the terms of the
deal, Egypt would supply
Israel with 2 million tons of
natural gas annually for the
next 25 years.
The pipeline will pass
through the Gaza Strip,
which will receive the gas as
well, although most of the
fuel is intended for Israeli
power plants.
Mr. Shahal also announc-
ed that he and Egyptian
Electricity Minister Maher
Abaza had agreed to connect
the two countries' power
grids — a move that would
save Israel $200 million and
Egypt $78 million by elim-
inating the need for parallel
power lines.
Both deals were approved
by Egyptian President Hosni
Mubarak, with whom Mr.
Shahal met while he was in
Cairo. 11
It was only for the sake of
the people that God spoke to
Moses, their leader.
Tanna Akiba
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