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BREAKING NEWS

Bezen inks 2-year gas deal with Palestinian Authority

By JPOST.COM STAFF

MAY 29, 2012 09:27

The Bezen company, which runs refineries in Haifa, will supply gasoline to the Palestinian Authority over the course of two years starting in October, Israel Radio reported Monday.

The NIS 900 million annual deal will supply about half of the gasoline required by the Authority. Either side can cancel the deal with three months notice.

The Paz company, which has a similar two-year deal with the PA, will supply it with the remaining required gasoline.

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