In my opinion the Israelis, Jordanians, and Palestinians are better off by Egypt's decision to nullify the contract. Israel has made its own gas discoveries off of it's shores. The one's who will suffer most are the Egyptians. And what was so stupid about the pipeline's monthly explosions is that Israel imported 40% of its natural gas from that pipeline but it managed just fine with the cutoffs from the attacks. However, Jordan imports 80% of its natural gas from this same pipeline. And as a consequence of the attacks on the pipe, Jordanians who are mostly Palestinians have suffered far more than Israelis with 15% increases their electric bill and blackouts. I am not sure but I believe Jordan paid less than Israel Egyptian gas. If that is true and you justify the nullification of the contract with Israel due to price then what if it is true that Jordan paid even less than Israel?
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from the article: Egypt cancels natural gas deal with Israel