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      Archive: 8/29/2012
      21:30
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      News Brief

        8/29/2012, Elul 11, 5772

      Netanyahu: Gas Reserves Means Economic Independence


      Prime Minister Benjamin Netanyahu praised the conclusions of the Tzemach Report on Wednesday evening. The report indicates that the recently discovered gas reserves off the coats of Israel are double the amount than previously estimated. "The energy deposit gives Israel a new economic horizon. It can give us economic independence and economic power. I think it is important that we use it wisely and responsibly," PM Netanyahu said. He added, "what the State of Israel need now is a responsible budget."