Petroleum Ministry: No lawsuits filed against Egypt for pipeline bombing

A Petroleum Ministry official has said that shareholders of the East Mediterranean Gas Company, which exports Egyptian natural gas to Israel, did not file lawsuits against Egypt or request international arbitration after the bombing of the gas pipeline in Sinai.

The official explained that, in the case of an arbitration request, the concerned party is notified of it beforehand, and is given a grace period of six months to negotiate.

Petroleum expert Ramadan Abul Ela said it is difficult to secure the pipeline, as it extends over 140km across Sinai.

Translated from the Arabic Edition

Related Articles

Back to top button