Egypt ends unfair gas deal with Israel

Now then, the object is to ensure that it stays cancelled. This should not just be about ending an unfair contract enabled through the collaborator, Mubarak. It should be about ending recognition of an Israeli State until such times as Israel recognizes the State of Palestine - along with 80% of the rest of the world.

Frankly, shove the ' peace deal ' with Israel- and shove the US of AIPAC bribe money which bought it. Understand that Israel is fascist in its treatment of Palestinians. It stands accused of war crimes. It is in breach of dozens of UN resolutions. It maintains a covert nuclear bomb program. It pushes for war with Iran on a pretext. It is a disgrace to be in bed with neozionist Israel.

 

This goes a long way to show that no permanent peace or agreement with Islamofascists is possible. Sooner or later they will break their promises, after all the Prophet encouraged such behavior towards the infidels. That said Israel will easily replace Egyptian gas until Israel's own gas fields become operational in 2013, meanwhile the Egyptians can drink their gas all they want.

 

Israel cannot recognize a State that does not exist.

 

Bung them some chocolate-coated cotton.

 

Then Israel won't be recognized either. Gooses and ganders.

 

This is untrue. BBC Arabic just reported that the Egyptian Petroleum Ministry denies reports that it cancelled export contract to Israel.

Here is the link to the Arabic version: http://www.bbc.co.uk/arabic/middleeast/2012/04/120422_egypt_gas_cancellation.shtml
EDIT: Here is the link to the "google translated" (English): http://translate.google.com/transla...4/120422_egypt_gas_cancellation.shtml&act=url

 

We already are the biggest victims of the conflict...

 

Absolutely, and all your problems are self-inflicted...But instead of learning from your mistakes you are doubling down every chance you have. The 'moons' of the world instigating the escalation of the conflict did not give a sh*t that you would be the biggest victims. They still don't. You keep staying in bed with them and listening to them, all your problems will be severely exacerbated. Just as they have before.

 

Can you name some of these self-inflicted problems?

By the way moon, according to the article you posted "Israeli, Egyptian officials say move is due to business dispute and has nothing to do with Egypt-Israel diplomatic ties." This isn't a move to end recognition of Israel. EDIT: and it would be good to read post #8 above to clarify things.



EDIT2: leaving, so won't be able to reply to any further comments until later

 

EMG's Hosni Mubarak, Husseim Salem and former minister of oil Sameh Fahmy are awaiting the verdict from the courts on this case. They are accused of selling gas under price. Gas is not part of the Camp David deal. We did not have the gas then so it could not have been part of the deal. These three cut a deal with Israel illegally as they did not get agreement from the Shura. It is illegal according to the lawyers.

We will know soon enough what the verdict will be but the people want it cut and current parliament want it cut.

EGAS has cut the deal with EMG and AMPAL though since a few days ago. EMG the Mubarak-Salem-Fahmy company has not paid EGAS it's money since 2010. This is confirmed news.

This is the AMPAL (American Israeli Corporation) press statement



TEL AVIV, Israel, April 22, 2012 (GLOBE NEWSWIRE) -- Ampal-American Israel Corporation (Nasdaq: AMPL), a holding company in the business of acquiring and managing interests in various businesses, announced today that it has been advised by East Mediterranean Gas Co. ("EMG"), in which Ampal has a 12.5% interest, that Egyptian General Petroleum Corporation ("EGPC") and the Egyptian Natural Gas Holding Company ("EGAS") notified EMG that they were terminating the Gas Supply and Purchase Agreement (the "Source GSPA") between the parties. EMG considers the termination attempt unlawful and in bad faith, and consequently demanded its withdrawal. EMG, Ampal, and EMG's other international shareholders are considering their options and legal remedies as well as approaching the various Governments.

As previously disclosed, EMG initiated arbitration against EGPC and EGAS in October 2011 due to EGPC and EGAS's long-standing failure to supply the gas quantities owed under the Source GSPA. EMG is seeking compensation from EGPC and EGAS for damages resulting from their contractual breaches. EMG already has further requested that an arbitral tribunal issue an order that EGPC/EGAS perform their obligations under the Source GSPA and rule that EGPC and EGAS are not entitled to terminate the agreement. The arbitration is ongoing. In addition, as previously disclosed, Ampal and certain other international shareholders of EMG have initiated the process of submitting claims against the Government of Egypt under various bilateral treaties for the protection of investments.


http://www.ampal.com/index.php

Avigdor Leiberman has stated that Egypt is now a bigger threat than Iran

 

The rejection of the partition in 1948, Arafat walking out on a peace proposal in 2000 (hint: have a counter-offer if not happy), the election of Hamas, rocket attacks, terrorism...just to name a few. You paid a heavy price for each of these mistakes, as you should have. The question is whether you've learned your lesson and frankly I don't hold my breath.

 

Could you please elaborate as to why these are self-inflicted? Just curious to hear your reasoning before I give a response.

 

For every thing that can be blamed on Palestinians, there is something just as bad that can be attributed to Isreal. What both sides need to do (which could never happen) is to just forget everything up until today, split the land evenly (water wells and cities especially), with Jerusalem becoming a DMZ where both can share under .. i dunno .. NATO supervision or something?

Basically this whole thing has turned into a childish game of one-upmanship. Neither side will really be happy until the other basically bends over, and opens their butt cheeks wide for the other to have its way. Its ridiculous and should have no place in 20-god(*)(*)(*)(*)-12.

**Edited to actually contribute to the topic**

One side didn't pay its bills.. it seems. Curious to see the verdict.

 

Based on your photos your last few words should read ", meanwhile the Chinese and Canadians can drink their gas all they want."
So you couldn't be bothered to find accurate photos or simply couldn't find accurate photos?
My guess is option A as these were both top line in a image search for "Drink gas".

On a lighter note, I found a photo of some Israeli footbal fans:

 

I dont know what the fuss is all about.

The zionists friendly neighbour Qatar has said they will keep zionism in gas supplies and I'm sure Saudi will fill any gaps.

 

LOLOLOL

Show me the pipelines, Abu.

 

Israel is not implement is agreement because of there are increasing the technology. They wan to rule the all countries

 

Don't worry Margot these friends will find a way

[video=youtube;rZ2AeWumpIE]http://www.youtube.com/watch?v=rZ2AeWumpIE[/video]

 

Its a business dispute, not a diplomatic one.

I take it that the Sinai is somewhat lawless at this point in time.
http://www.reuters.com/article/2012/04/23/us-israel-egypt-gas-idUSBRE83M08V20120423

 

That's not a Jew in the company of one of the Doc's hated muslim paedophile swines, is it?

 

The whole couhtry is lawless. Thats what happens in revolution after 60 years of dictatorship and a neighbouring country being bombed to pieces now pouring weapons across our border. What did you expect to happen when NATO and US opened up Gaddaffis weapons warehouses to rebels who are now in control of the country that even the government has no control over. Of course there will be chaos. That's what the point was.

Qatar and Saudi are not arming more rebels and paying their salaries in Syria so Syrians can all sit in parks and have picnics! It's meant to cause chaos and civil war. That's the whole point.

In some kind of strange way you could almost believe that Obama is himself causing the end of the zionist regime. Total chaos in neighbours which pours money into his treasury by selling weapons and the destruction of his biggest pain in his head and the rest of the worlds Israel!

 

#7 marked for review.

Am I pleased that the unfair contract will be cancelled and that it is the first step in ending the unfair peace deal with Israel ?

 

It is also unclear whether the decision to terminate the gas supply would affect U.S. assistance to Egypt. Congress has recently warned that its assistance depends on maintaining the peace accords with Israel, yet did not list the gas agreement as one of the conditions. U.S. assistance to Egypt amounts to approximately 1.3 billion dollars in military aid and an additional 300 million dollars in economic aid.

The announcement by Egypt's petroleum company (EGAS) constitutes a virtual suicide act by Cairo. One could have expected that a country which lost most of its tourism revenue over the last year (its most important source of income other than the Suez Canal), suffers from a high poverty rate and lack of foreign investments, would hold on to a significant source of income. Under the agreement, Egypt began delivering gas to Israel in 2008 in a framework of a 2005 political agreement which has significantly enriched Egypt's coffers.

http://www.haaretz.com/news/diploma...decision-to-cut-off-supply-to-israel-1.425994

 

Quite right . Israel should consider themselves very lucky to have got away paying such low prices for so long at the expense of the Egyptian people.

http://www.bbc.co.uk/news/world-middle-east-17808954


.....

 

Except of course the delivery of gas to neighboring Israel is infinintely cheaper than delieveries to Turkey, Greece and Italy which explains lower prices. That said, from your own source:

Gas deliveries to Israel dried up for a total of 225 days in 2011 and 66 days during the first three months of 2012, and ceased after an explosion on 5 March

So no harm (to Israel) done really, Egypt will pay hefty penalties to Israel (billions) for the breach of contract and Israel has alternative sources of energy it's been using since these interruptions started.

When it comes to Israel the Arabs are more than willing to cut off the nose to spite the face.