web analytics
May 30, 2015 / 12 Sivan, 5775
At a Glance
News & Views
Sponsored Post


Netanyahu Limits Gas Exports to 40 Percent

Offshore gas fields should be allowed to export no more than 40 percent of the natural gas they produce, Prime Minister Binyamin Netanyahu announced Wednesday. The Cabinet is expected to approve the recommendation at Sunday’s weekly session.

The limit is more restrictive than the 53 percent that was suggested by a committee set up to come up with proposals on how to manage Israel’s newly discovered energy fields, but opponents nevertheless  protests in Tel Aviv Wednesday night, insisting  all the gas should be kept in Israel for domestic needs in the future.

The Prime Minister, after consulting with Finance Minister Yair Lapid and Energy and Water Resources Minister Silvan Shalom, and Finance Minister Yair Lapid, said, “The State of Israel received a gift from nature in large quantities of natural gas…. We have jointly decided to significantly increase the amount of gas for Israel’s use. This will supply our needs for 25 years.”

He estimated that Israel will receive approximately $60 billion from the gas fields over the next 25 years.

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.

One Response to “Netanyahu Limits Gas Exports to 40 Percent”

  1. Is not better to export by-products like crack down NG in Hydrogen and soot, which H can produce water and electricity in the same time with internal conbustion engines and/or fuelcells, and by-product Carbon from soot or carbonblack to graphene, this technology is now in the market like for example GASPLAS a Norway-British Company, Polland Physical Institut, etc:.

Comments are closed.

Current Top Story
What's happened to NYC's Celebrate Israel Parade?
Israel Rejects as ‘False’ UJA Federation’s Claims about Israel Parade ‘Inclusion’
Latest News Stories
FIFA logo

Israel praises FIFA for avoiding what Israel’s deputy foreign minister Tzipi Hotovely called an “absurd situation.”

FIFA president Sepp (Joseph) Blatter and PM Binyamin Netanayhu

FIFA Pres. Sepp Blatter, 79, was re-elected to a fifth term heading the world soccer federation, despite bribery allegations.

PA's soccer chief Jibril Rajoub, a member of the Fatah Central Committee.

At the last minute before the proposal was to go to vote, Rajoub submitted an amendment that would cancel the bid to suspend Israel.

FIFA logo

Zurich police have confirmed there was a bomb threat to blow up the FIFA congress, but they have since allowed the annual convention to continue following a search.

Israeli Consul General refutes UJA president’s claim that government insists NIF march in Celebrate Israel parade.

They stopped Blatter from speaking, waved PA flags and demanded “Israel out.”

Reishit HaGez is the giving to the Kohen the first cuttings of the fleece of sheep grown in the Land of Israel (based on Deut. 18:4: “You are to give them the first fruits of your grain, new wine and olive oil, and the first wool from the shearing of your sheep.”). Most Jews cannot […]

Postal officials refuse mailmen’s request to be relieved of the job to deliver Baptist cult material that may be illegal.

Final steps are underway for building the City of David’s “Kedem” visitor’s center in Jerusalem that will sit on top of the “Givati Parking Lot” excavation just outside of the Old City of Jerusalem’s walls. The visitor’s center will serve as an entryway to the Jerusalem Walls National Park, which includes the City of David […]

The Orthodox Union, B’nai Brith and the Houston Federation are pitching in.

Massachusetts Gov. Charlie Baker declared Sunday, May 31 as “Celebrate Israel Day,” when thousands of Israeli Americans, Jews and supporters of Israel are to attend the Celebrate Israel Boston Festival sponsored by the Combined Jewish Philanthropies and the Israeli-American Council Boston Chapter. Gov. Baker noted that Israel remains “a tremendous partner, economically and culturally,” to […]

The “rabbi “may be a “reverend” who allegedly was not revered by Ice Cube’s bullies.

Israeli PM Netanyahu talks about his vision for regional cooperation with Arab nations.

Hadera drew the attention of El Paso officials for the city’s desert environment, a large electric power plant, desalination plant and manufacturing complex, and the high-tech incubation programs at the Technion-Israel Institute of Technology, located 30 miles away.

A day devoted to “peaceful co-existence” in Jerusalem was marred by Arab “anti-normalization” thugs.

At least a dozen people are reported to have been killed in the attack, and another 30 wounded.

More Articles from Jewish Press News Briefs
PA's soccer chief Jibril Rajoub, a member of the Fatah Central Committee.

At the last minute before the proposal was to go to vote, Rajoub submitted an amendment that would cancel the bid to suspend Israel.

FIFA logo

Zurich police have confirmed there was a bomb threat to blow up the FIFA congress, but they have since allowed the annual convention to continue following a search.

Massachusetts Gov. Charlie Baker declared Sunday, May 31 as “Celebrate Israel Day,” when thousands of Israeli Americans, Jews and supporters of Israel are to attend the Celebrate Israel Boston Festival sponsored by the Combined Jewish Philanthropies and the Israeli-American Council Boston Chapter. Gov. Baker noted that Israel remains “a tremendous partner, economically and culturally,” to […]

At least a dozen people are reported to have been killed in the attack, and another 30 wounded.

They’re just rackng up the Iranian generals….

The Nusra front now controls all the cities in the province, which shares a border with Turkey.

Another surgery is needed. Please daven for Aryeh ben Rina.

Printed from: http://www.jewishpress.com/news/breaking-news/netanyahu-limits-gas-exports-to-40-percent/2013/06/19/

Scan this QR code to visit this page online: