Egypt says Israel’s Ashkelon-Eilat oil pipeline to have limited impact on Suez Canal

Egypt’s state-owned Suez Canal Authority (SCA) said on Tuesday that the Ashkelon-Eilat oil pipeline inside and through Israeli territory will have limited impact on the revenues and competitiveness of the Egyptian canal. The Ashkelon-Eilat pipeline, linking the Eilat oil port on the Red Sea coast with the Ashkelon oil port on the Mediterranean coast, is …

The post Egypt says Israel’s Ashkelon-Eilat oil pipeline to have limited impact on Suez Canal first appeared on Hellenic Shipping News Worldwide.

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