Arab Israeli Conflict
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'Lieberman's words about Block 9 are a threat to Lebanon and its right to sovereignty over its territorial waters.'
The initial period of negotiations was only supposed to last five months, but the partners said that they needed an extension.
After months of negotiations, Woodside says that the parties failed to reach a commercially acceptable outcome.
Arbitrators had ordered Egyptian national gas companies to pay IEC $1.76b. in damages caused by 2012 cessation in gas supply.
By SHARON UDASIN
The natural gas outline is the result of some eight months of negotiations.
By SHARON UDASIN,LAHAV HARKOV
Freeman spoke with the Post at the Universal Oil & Gas Conference and Exhibition in Tel Aviv, where industry leaders from around the world gathered to discuss hydrocarbon opportunities in Israel.
Government encouraging international collaborations
Economy Minister Arye Deri is unlikely to use his authority to approve the government's gas deal by circumventing an antitrust commissioner and plans to wait for a new one to be appointed next month.
By LAHAV HARKOV,SHARON UDASIN
In total, royalties and fees from natural resources amounted to about NIS 359 million in the first half of 2015.
Document will still likely head to Knesset, before receiving final approval.
The new document will be brought to the cabinet for ministerial approval on Sunday.
By LAHAV HARKOV,NIV ELIS,SHARON UDASIN
The announcement occurred a day after Steinitz's office had reported a breakdown in talks with the companies.
Silvan Shalom: "This move will not only reduce energy costs, but will help lower the cost of products, which will help lower the cost of living."
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