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A labourer works at the construction site of Dorad, a private power plant in the southern city of Ashkelon May 17, 2012. Israel Electric Corp (IEC), which is responsible for nearly every aspect of electricity from running power plants to connecting households, simply cannot keep up with growing demand.The state-owned utility just lost natural gas supplies from neighbouring Egypt and fuel costs are soaring. Reserves are low and capacity insufficient and the government, under pressure from massive cost-of-liv

Israel's Miscalculation On Egyptian Natural Gas

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A labourer works at the construction site of Dorad, a private power plant in the southern city of Ashkelon May 17, 2012. Israel Electric Corp (IEC), which is responsible for nearly every aspect of electricity from running power plants to connecting households, simply cannot keep up with growing demand.The state-owned utility just lost natural gas supplies from neighbouring Egypt and fuel costs are soaring. Reserves are low and capacity insufficient and the government, under pressure from massive cost-of-liv

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