Monday, June 15, 2015

Netanyahu: Israel Will Make the Most of Natural Gas Deposits

PM responds to allegations of natural gas 'cartel,' resignation of antitrust authority chief; 'We won't repeat the mistakes of others.'


By Ari Soffer for Arutz7Sheva



Prime Minister Binyamin Netanyahu has vowed that Israel will act as soon as possible to tap into massive natural gas deposits off the Israeli coast, and said he won't allow the process to be delayed by the ongoing controversy over allegations it is being monopolized.

"We will not repeat the mistake that other countries made when they sought ideal solutions for their gas and sometimes for their oil and as a result of which both the gas and the oil have remained below the seabed or underground," Netanyahu declared at the start of Tuesday's cabinet meeting.

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