Tuesday Apr 24, 201202:28 AM GMT
Egypt halts gas exports to Israel
Tue Apr 24, 2012 2:27AM
Karim Gamal el-Deen, Press TV, Cairo
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Egypt has canceled its 2005 gas export deal with Israel. Many see the move as a blow to the relations between Egypt and Israel, which have already been tense following

the ouster of U-S-backed Egyptian dictator Hosni Mubarak last year.

Egypt decided to scrap a gas export deal with Israel because the latter failed to respect conditions stipulated in the controversial deal between the two sides.

Presidential hopeful Abdullah Al Ashaal bolstered the move as he asserted that the people of Egypt do not want to export gas to Israel and in turn the government must act accordingly.

In essence, many Egyptians praised the decision of halting gas export to Israel as they have seen this cancellation as a politically motivated one.

Israel used to get around 40 percent of its gas supply from Egypt at a considerably low price, as such there's a wide spread opposition to the 2.5 billion export deal with Israel which was signed in 2005.

Egypt is facing growing pressures to shift its policies on Israel in order to retain the African nation's leading and influential role in the region.

Tensions between Egypt and Israel have risen following the ouster of Mubarak back in February last year as many here have called for the suspension of ties with Israel and the expulsion of the Israeli ambassador to Cairo.

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