News Briefs

  3/14/2012, Adar 20, 5772

Israel Optimistic About Natural Gas Discovery

The Federation of Israeli Chambers of Commerce Oil and Gas Exploration Industry Association in Israel chairman Uri Aldubi spoke on Wednesday at the Israeli Institute of Energy and Environment. He stated, "gas reserves that were discovered recently off the beaches of the State of Israel herald the potential of this industry... judicious and proper use of gas reserve will ensure energy independence and geopolitical power for Israel decades ahead," he stated.

Aldubi added, "Israel must promote the export of gas. Only export will ensure economic freedom... in a safe environment."