Minister of Petroleum and Mineral Resources Sherif Ismail does not mind allowing British BG Group to import gas from Israel, he told Daily News Egypt Wednesday, but after the approval of the states.
“This is a must”, he added. Import is necessary to prevent gas companies working in Egypt from resorting to international arbitration to sue the government, he said.
“As the Minister of Petroleum, I remain of the opinion that there is no problem in letting BG Group import Israeli gas to protect Egypt from international fines and arbitration,” Ismail added…
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