Report: Since war, Egypt has refused to send final payment it owes Israel for gas never transferred
Egypt has reportedly been refusing for the past month and a half to send Israel roughly $8 million it owes Jerusalem for gas the latter purchased from Cairo but never received.
Egypt and Israel signed an agreement in 2019 in which Cairo agreed to gradually repay Jerusalem for half a billion shekels ($132 million) in gas it purchased but never received due to damages in Egypt’s gas fields.
The final payment was supposed to be sent last month, but Egypt has refused to transfer the money, according to the Kan public broadcaster, which doesn’t cite any sources.
Kan notes that Israel hasn’t publicly pressed Egypt over the payment as Cairo continues to be Jerusalem’s preferred mediator with Hamas. However, the apparent Israeli decision to leak the failed payment to the press indicates that frustration is mounting.