Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Government, Gas Firms Reach Agreement Over Regulation

The state has agreed to set only minor milestones for the development of the Leviathan offshore site.

tamar gas

 

 

An inter-ministerial negotiations team and the companies developing Israel’s offshore natural gas reserves reached an agreement over gas regulatory policy on Wednesday night. The framework plan will be submitted for the government’s approval on Sunday.
The government offered Noble Energy to base the price of future natural gas contracts for the Tamar offshore site on electricity production contracts already signed with the private sector. In these contracts, the price of gas is set at $5 per million BTU, and may go down to $4.7 in the end of the year.
Read the full story, click here

HAARETZ by Avi Bar-Eli

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Advertisement