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Kissinger / Middle East Peace Mission / Egyptian Oil #238539

CBS Evening News for Tuesday, Feb 11, 1975
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(Studio) Secretary of State Henry Kissinger listens to Israeli leaders' terms for partial Sinai settlement with Egypt. Key to any agreement is Mitla and Giddi passes in Sinai.
REPORTER: Walter Cronkite

(Sinai) Israeli government helicopters reporters covering Kissinger trip to west end of Mitla pass. Brigadier General Jacob Evan gives military reasons Israel should keep passes.
REPORTER: Marvin Kalb

(Jerusalem, Israel) Secretary examines every element of possible agreement. Israeli Prime Min. Itzhak Rabin explains his desire to end belligerency between Egypt and Israel. Kissinger confident Egyptian President Anwar Sadat wants deal. [KISSINGER - says Israel won't be sacrificed for great power pols.]
REPORTER: Marvin Kalb

(Studio) Egypt says it can't promise nonaggression pact Israel demands in return for Sinai passes and oil field held by Israel since 1967.
REPORTER: Walter Cronkite

(Gulf of Suez) For long time, Egypt believed to be sitting on large oil wells. [American oilman Alastair DICKINSON - hopes Egypt turns into rich Arab oil country 1 well pumping 24,000-26,000 gals. per day.] American-Egyptian joint partnerships looking forward to huge profits. For. companies take all risks and put up capital in oil exploration venture. Oil profits to be used to up Egyptian standard of living. Many Egyptians believe future lies with oil fields, not battlefields.
REPORTER: John Sheahan

Reporter(s):
Cronkite, Walter;
Kalb, Marvin;
Sheahan, John
Duration:
00:04:20

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