The Limited Times

Now you can see non-English news...

Making History: Israel is an energy exporter

2019-12-19T21:44:07.214Z


Eran Bar-Tal


Whale agar was discovered a decade ago, and when the volume of natural gas was discovered, it became clear that the Israeli economy was about to take a sharp turn. It is true that we are currently dealing with important issues, such as a lack of decision after two rounds of elections, a crisis in government relations, public trust in the justice system, and more.

But from a historical perspective, all of this is dwarfed by this discovery, whose implications exceed economic profits for investors and the state coffers.

Israel's dependence on energy was one of our strategic weaknesses, and in particular its dependence on the Middle East oil states, which also used it for terrorist financing purposes against Israel.

The natural gas from the whale has not yet started to flow - and it has already revolutionized: both the natural gas from the Tamar reservoir and the preparation for the absorption of the new huge reservoir. For example, Israel took another dimension in looking at Egypt and Jordan, and already brought it closer to Cairo.

For further opinions of Eran Bar-Tal

Source: israelhayom

All news articles on 2019-12-19

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.