BREAKING NEWS

Minister: Egypt considers gas imports from Israel

By REUTERS

JANUARY 14, 2015 13:02

CAIRO - Egypt is open to importing gas from Israel, its oil minister said in state-owned media on Wednesday, another sign that it may lean on its neighbour to help tackle its energy troubles.

Egypt is going through its worst energy crisis in decades and is seeking fresh sources of natural gas, which powers most of its homes and factories, including Algeria, Russia, and Cyprus.

But importing gas from Israel is more controversial.

Oil Minister Sharif Ismail said gas imports from Israel were a possibility, when asked in an interview by the state-owned Al Mussawar magazine.

"Anything can happen. Whatever achieves the best interests of Egypt, and of the Egyptian economy and the role of Egypt in the region... That will determine the decision to import gas from Israel," he said.

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