BREAKING NEWS

Netanyahu on gas deal: Project will provide Israel with influx of billions of shekels

By JPOST.COM STAFF

NOVEMBER 1, 2015 12:07

Prime Minister Benjamin Netanyahu, during Sunday's cabinet meeting, said that a big step is being made in the implementation of the gas deal, following the resignation of Shas chairman Arye Deri from his post as Economy Minister.

"Natural gas will be the number one provider of economical growth in Israel for the next few years," said Netanyahu.

He said that the investment of billions of dollars in the project over the span of the next few years will spur economic growth through the creation of new industries and jobs.

"The gas supply will help lower the high cost of living in Israel, and will decrease the price of energy. It will give Israel independence in the realm of energy - no longer will we be dependent on foreign sources for energy."

He also said that the project will draw an influx of billions of shekels in the next twenty years.

Drone intrusion sirens sound in Nahariya, northern Israeli communities

By JERUSALEM POST STAFF

11/25/2024 10:13 AM

Airstrikes reported in Dahiyeh following IDF evacuation warnings

By JERUSALEM POST STAFF

11/25/2024 09:45 AM

Trump seeks to remove transgender members of US military

By JERUSALEM POST STAFF

11/25/2024 09:38 AM

Iran may not be involved in murder of Chabad Rabbi Zvi Kogan in UAE

By JERUSALEM POST STAFF