...agreed in principle Wednesday to a deal that would have Egypt replace Israel as the Gaza Strip's sole electricity provider.
Under the deal, Egypt would set up a new power line from the Sinai Peninsula town of Arish to the nearby Gaza Strip. The 150-megawatt line would cost $35 million to set up ...
[Saudis to fund - Egyptian oligarchs and lackeys get to steal stuff]
... and would be operational within two years.
Egypt currently provides the Gaza Strip with only 7 megawatts of power, while Israel provides 124 megawatts via 10 different lines. A local power station produces the remainder. |