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Ampal American Israel Corp

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Article archive for Ampal American Israel Corp;

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Egypt terminates gas deal with Israel 03 May 2012

Mohamed Shoeib, head of the state-owned Egyptian Natural Gas Holding Company (EGAS), said on April 22 that the 20-year gas-supply contract with Israel, signed in 2005, had been cancelled because Israel had not paid for the gas for the past four months. "This has nothing to do with anything outside of the commercial relations," he said....