Israel’s natural gas supplies have once again been halted because of attacks on Egypt’s major export pipeline, leading to fresh questions over how quickly Tel Aviv will get moving on LNG imports.
Egypt supplies around 40% of its neighbour’s gas and Israel has been held hostage to the frequent disruptions over the years.
Admittedly, the government was quick to come out recently and say a fast-track LNG solution is needed to bridge the supply gap ahead of commercialisation of the Leviathan and Tamar gas discoveries, which could take years to bear fruit.
However,