April 23, 2012

So it begins…

Yes, a third post today, albeit as brief as the second.

Egypt has terminated its contract to supply natural gas to Israel, ending a joint venture that was a cornerstone of the peace process between the neighboring states.

Ampal, an Israeli partner in the East Mediterranean Gas (EMG) joint venture that operated the pipeline between the two countries, announced Sunday night that Egyptian suppliers notified EMG that they were terminating the gas supply. A spokesman for EMG could not be reached, and the company would not confirm that it had it had ended its contract.

Israeli Finance Minister Yuval Steinitz expressed “great worry” about reports of the Egyptian termination. His office said cancellation would set a “dangerous precedent that darkens the peace treaties and the atmosphere of peace between Israel and Egypt.”

An Israeli official, speaking on the condition of anonymity, said it would be the “final bit that breaks the camel’s back” in the peace treaty between Israel and Egypt.

Yeah, the “Arab Spring” the mainstream media and our liberals praise so very heartily is now on the verge of getting into full swing.

Read on.

by @ 11:24 am. Filed under Uncategorized
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