What Investors Need to Know About Israel’s Natural Gas Market

Israeli Gas

 

Israel’s parliament on Monday approved a framework to regulate its natural gas industry, eight days after the discovery of a field in Egyptian waters damped expectations for regional exports.

While legislative hurdles to the deal remain — Israel’s antitrust commissioner resigned in protest at the policy and has yet to be replaced, and Prime Minister Benjamin Netanyahu withdrew a separate vote to force the deal through — the symbolic Knesset approval is a step forward for a plan that could unlock billions of dollars for the country’s gas explorers and their partners.

What’s the big deal?

Read the full story at BLOOMBERG, by Yaacov Benmeleh Sharon Wrobel Shoshanna Solomon

 

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