Egypt re-opens frequently-sabotaged pipeline at double the rates

Special to WorldTribune.com

CAIRO — Egypt has reported the resumption of natural gas to
neighboring Israel and Jordan.

A senior official said Egypt renewed operations of the Arab Gas Pipeline
on Oct. 23 in wake of an attack on the facility in the Sinai Peninsula.

The official said the gas was now priced at double its original rate.

“It is being pumped now,” Egyptian Natural Gas Holding Co. chairman
Hassan Mahdi said.

Officials said the new price of the Egyptian gas rose from $2.15 to more
than $5 per million BTU, or British Thermal Unit. They said Egypt does not
plan to increase the volume of gas supplies to either Israel or Jordan.

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