Egyptian court decides government must review price, quantity of gas.
By ASSOCIATED PRESS
CAIRO — An Egyptian court on Saturday overturned a lower court ruling that called for a halt to natural gas exports to Israel, saying the deliveries should continue unhindered.The case arose in 2008 when opposition groups filed suit that called for a halt to the shipments, alleging the gas was being sold too cheaply.An appeals court ruled that gas deliveries to Israel should continue, but ordered the government to review the price and quantity of gas.The decision overturned a lower court ruling that said the government needed parliament's approval before authorizing contracts related to natural resources.The much-criticized deal is between a private Egyptian company, partly owned by the government, and the state-run Israel Electric Corporation.