web analytics
December 19, 2014 / 27 Kislev, 5775
 
At a Glance
News & Views
Sponsored Post
8000 meals Celebrate Eight Days of Chanukah – With 8,000 Free Meals Daily to Israel’s Poor

Join Meir Panim’s campaign to “light up” Chanukah for families in need.



Gas to Pump $60 Billion into Economy in 20 Years, Says Lapid

Israel’s new offshore gas industry will generate $60 billion in revenues in Israel over the next 20 years, Finance Minister and Yesh Atid party chairman Yair Lapid told the Knesset in its first day of the winter session Monday.

He charged the Opposition with damaging the economy by placing obstacles to the natural gas hook-up, which Lapid said will help lower the price of electricity and boost employment.

Taxes on gas will allow Israel to lower taxes, he added.

The High Court is to decide on who has the authority to decide how much of the gas can be exported. Several Opposition parties are demanding that Israel retain all of the gas for domestic use. The government has adopted a policy of exporting 40 percent of the gas.

About the Author: JewishPress.com brings you the latest in Jewish news from around the world. Stay up to date by following up on Facebook and Twitter. Do you have something noteworthy to report? Submit your news story to us here.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

2 Responses to “Gas to Pump $60 Billion into Economy in 20 Years, Says Lapid”

  1. Yechiel Baum says:

    I am sure someone there will pocket the difference unless carefully monitored.

  2. Israel should never export natural gas (NG), only their products as added value, for example to crack down NG in hydrogen (H2) and carbon (C) as carbon black wich the raw material for tires, paintings, inks, C nano tubes, graphi, graphene, etc:, H2 can be used to produce electricity by spinning turbines and water (H2O).

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
Cinema City Iron Man Theater in Jerusalem. (illustrative)
US Govt IDs North Korea in Sony Cyber Terror Attack
Latest News Stories
U.S. President Barack Obama.

U.S. lawmakers were divided, but many upset, about Pres. Barack Obama’s secret talks that restored full relations with Cuba.

The Harvard seal, "veritas," on the side of a Harvard building.

Harvard announced it will “look into” its boycott of SodaStream. But will it remove the boycott?

PM Binyamin Netanyahu lights Hanukkah candles in Jerusalem.

PM Binyamin Netanyahu warns he will not allow the UN Security Council resolution on behalf of the PA to endanger Israeli citizens.

IDF Girls Chanukah

Israeli soldiers holding (and eating) ‘sufganiyot’- doughnuts traditionally eaten on Hanukkah, as they pose for a pictures on the 2nd night of Hanukkah at a candle lighting ceremony held near the Gush Etzion junction. This particular lighting ceremony was held at a memorial spot in commemoration of the three Jewish teenagers who were kidnapped and […]

Excavations also turned up hidden tunnels dug by Jewish rebels in the period of the Bar Kokhba Revolt.

Is Sydney also going to turn out the lights on Christmas trees?

25-year-old man threatened former Shas party head with violence.

Are machine gun shots all night long and the death from a “work accident” not enough evidence for the EU court?

“It was crucial to my survival knowing that I was not forgotten.“

Feiglin decided he and the Likud party are better off if he fights on only one front, not two or three.

Join Meir Panim’s campaign to “light up” Chanukah for families in need.

I’m sorry, but Naftali Bennett decided to dress up as an aging Tel Aviv Hipster and… apologize…

The New York premier of Sony’s new film, “The Interview” has been scrapped due to a terror threat.

More Articles from Jewish Press News Briefs
Alan Gross (L)

After 5 years in jail, Cuba has released Jewish-American Alan Gross.

In the boy’s bag police found a Chanukiah, oil candles and matches.

The European Jewish Congress (EJC) has expressed outrage over the removal of Hamas from the European Union’s list of officially designated terror organizations, after the European Court of Justice in Luxemburg accepted an appeal filed by Hamas against its inclusion in the list. “We have reached a new low in moral relativity if an organization […]

“We are not satisfied with the European Union’s explanation that the removal of Hamas from its list of terrorist organizations is a ‘technical matter,” ‘Prime Minister Benjamin Netanyahu said on Wednesday following the decision of the General Court of the European Union. “The burden of proof is on the European Union and we expect it […]

Two-thirds of Palestinian Authority Arabs in Judea and Samaria are afraid to express criticism of Mahmoud Abbas, according to a survey carried out by the Palestinian Policy and Research Center. The poll was conducted after Abbas ordered the arrest of leaders of the Palestinian Authority’s largest workers’ union, which he also outlawed.

Shas takes a hit in the latest poll, and the coalition possibilities shift a bit with the changing numbers.

Printed from: http://www.jewishpress.com/news/breaking-news/gas-to-pump-60-billion-into-economy-in-20-years-says-lapid/2013/10/15/

Scan this QR code to visit this page online: