From Haaretz
"Egypt canceled the natural gas deal with Israel as a strategic move in response to Ampal American Israel Corp's lawsuits against the Cairo government, the Israeli company's finance VP said at a meeting with bondholders yesterday. Ampal's main holding is its 12.5% stake in Egyptian gas exporter EMG.
The head of the Egyptian Natural Gas Holding Company announced Sunday that it was terminating its agreement to provide natural gas to Israel due to Jerusalem's "repeated breaching of the agreement."
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