The head of the Egyptian Natural Gas Holding Company said Sunday it has terminated its contract to ship gas to Israel because of contract violations, a decision Israel said overshadows the peace agreement between the two countries, The Associated Press reported.
The 2005 natural gas deal has become a symbol of tensions between Israel and Egypt since the uprising. For many Egyptians, it typifies the close relations the regime of deposed President Hosni Mubarak forged with Israel, despite hostility toward the Jewish state among his people.
Egyptian militants have blown up the gas pipeline to Israel 14 times since the uprising.
Israel insists it is paying a fair price for the gas.
Armenian News
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