21:45
Reported

News Brief

  6/19/2013, Tammuz 11, 5773

Netanyahu: Gas Reservoir was "Gift from Nature"


Prime Minister Netanyahu referred to the newly opened natural gas pipelines off the cost of Haifa as a "gift from nature" in his official press conference on Wednesday. He said, "the State of Israel received a gift from nature in large quantities of natural gas. After a series of long meetings, we have jointly decided to significantly increase the amount of gas for Israel's use. This will supply our needs for 25 years. This is a balance between the need to ensure energy sources for Israel's citizens and the need to export gas which will generate revenue for use by Israel's citizens. Israel expects to earn $60 billion from gas exports."