IEC denies EMG suit threat

"On the basis of measurements by Israel National Gas Lines, the Egyptian gas deviates from the dew point by a few degrees."

"Israel Electric Corporation (IEC) has never threatened to sue East Mediterranean Gas Company (EMG)," said an IEC spokesman today in response to yesterday's report by "Globes".

IEC admits that there is a problem with the quality of the natural gas being delivered. It said, "On the basis of measurements by Israel National Gas Lines Ltd., the Egyptian gas deviates from the dew point by a few degrees. The dew point is the temperature at which water droplets form at the pressure of the natural gas in the pipeline. Since the gas temperature in the pipeline is high enough above the calculated dew point of the gas being supplied, at the pressure and temperature conditions of the supplies, the gas is dry and there is no fear for the gas delivery system."

Published by Globes [online], Israel business news - www.globes-online.com - on June 25, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018