Head of Delek Drilling: Without natural gas, the price of electricity would rise
Abu estimates that the first stage of the project will bring in NIS 250 billion to the country’s coffers. “Coal, which pollutes, pays zero tax, and we pay 50%.”
An Israeli gas platform, controlled by a U.S.-Israeli energy group, is seen in the Mediterranean sea, some 15 miles (24 km) west of Israel's port city of Ashdod(photo credit: REUTERS/AMIR COHEN)ByJERUSALEM POST STAFF
