Egypt’s new foreign minister said the days of Israel getting cheap gas and strategic benefits are over.
In an interview on Egyptian television, Nabil al-Arabi said Egypt will demand that Israel pay the difference between the reduced prices it received on the natural gas it purchased under deposed Egyptian President Hosni Mubarak and market value.
Arabi also threatened to review and amend security arrangements agreed to in the 1979 Israel-Egypt peace treaty, but he stressed that the two countries would have to agree on any changes.
Egyptian media reported that Arabi also said that he would work to renew diplomatic ties with Iran since he did not consider it an enemy state. — jta