British Gas appears to have struck a deal whereby gas from Gaza can be piped to Israel. The Times reports that the Palestinians would receive $1bn from the agreement, with BG walking away with $4bn.
The only snag is that the Israelis haven't agreed how the Palestinians will be paid. They don't want to give them any money.
Well, if this is true, you can see why: "A former World Bank official who is about to become the Palestinian finance minister has warned foreign donors that he has no idea where much of their money has been spent."
http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2007/03/11/whamas11.xml
Posted by: Thersites | 28 May 2007 at 07:56 PM