energy ministry

Lebanese MP Kassem Hachem called the decision to begin explorations in Block 72 "piracy" and a "declaration of war."

One liter of 95 octane gasoline will now sell for NIS 5.44 including tax, after an additional 4.41% rise was already announced by the ministry.

One liter of 95 RON octane gasoline will cost NIS 4.89 including VAT, marking a reduction of NIS 1.03 or 17.4% since March.

The Energy Ministry said on Saturday night that all natural gas will be gradually emptied from the offshore platform.

The projected figure represents a 73% increase.

Energy Minister Yuval Steinitz said the attempted attack was detected "a few months ago."

Israel, Greece and Cyprus have enjoyed cordial relations for over a decade. This agreement will take their alliance to the next level.

The agreement will enable the development of several projects in northern Israel, the ministries said, which are currently in the project planning phase and will be implemented in the coming years.

Each project is conducted by a US-Israeli partnership, and the selected projects address energy challenges and opportunities, focusing on commercializing clean energy technologies.

The latest discovery follows exploration drilling 700 meters north of the original Karish North penetration between mid-March and April at the cost of $25 million.