Egypt Pipeline Explosion Cuts Gas Supply To Israel

February 05, 2011   |   February 2011 Bond Updates
An explosion today on the Arab Gas Pipeline forced Egypt to shut off natural gas supplies to Israel and Jordan. There were conflicting reports out of Egypt as to the cause of the explosion, with the state-run Middle East News Agency saying the work was done by ?subversive elements.? Oil Minister Samah Fahmy reportedly said it could take up to two weeks to repair the damage.

View more at: http://blogs.forbes.com/christopherhelman/2011/02/05/egypt-pipeline-explosion-cuts-gas-supply-to-israel/
 
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