Wednesday, March 09, 2011

Egypt's hate for Israel is hurting - Jordan

Egypt has not resumed pumping gas to Israel since last month's sabotage of the gas line that goes to Israel and Jordan.

Yesterday, a Jordanian official said that Egypt would be raising its price of gas to Jordan to be more in line with the going rate. Egypt was selling the gas at reduced rates to both Israel and Jordan under existing agreements.

An Egyptian source is quoted as saying that the Egyptians cannot resume pumping gas to Jordan and not to Israel without causing an international incident. Therefore they are preferring not to pump gas to Jordan altogether - just to hurt Israel!

Jordan is now losing $2.4 million a day by the loss of Egyptian natural gas.