10:10
Reported

News Brief

  4/4/2013, Nisan 24, 5773

Minister Shalom: Israel will be an Energy Superpower


Energy Minister Silvan shalom told INN he foresees Israel becoming an energy superpower in the near future. “Recent discovery of immense gas reservoirs will save Israel a billion NIS annually, and reduce electricity bills by 40% once production makes the transition from crude oil.

“It is regrettable that the activation of the oil rig took place on the Sabbath, despite the decision being made by a private company and not the government. Public sensitivity should have been a consideration, and the lesson will be learned for the future.”