Photo Credit: Nobel Energy/Flash 90
'Tamar' gas rig off Israel's Mediterranean coast.

(Communicated by the Prime Minister’s Media Adviser)

The Security Cabinet unanimously decided on Thursday, that at this time, it is of decisive importance to move quickly to develop and expand the natural gas fields that have been discovered off Israel’s coasts, out of concern for state security and the foreign relations of the State of Israel.

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The Security Cabinet also adopted Economy Minister Aryeh Deri’s proposal to transfer his authority under Article 52 of the 1988 Restrictive Trade Practices Law for Government approval. The outline will be published in the coming days and submitted for a public hearing

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