In order to increase its energy security, Israel must therefore continue to seek ways of diversifying its export options and regional partners.
Since April 2022, when gas prices rose worldwide, temporary provisions have been continuously used to reduce the price.
With an estimated budget of approximately $568 million, this crucial development is aimed at meeting the growing demand for natural gas both domestically in Israel and in the wider region.
Environmental experts warn that it may be too soon to celebrate Israel's approval to develop the Gaza Marine gas field.
At least 16 people were injured, including seven who are in a critical condition, police said.
Israel, Egypt, and the PA revived talks after Russia invaded Ukraine and Europe began looking for alternatives to Russian gas.
At the time of the attack, a US RQ-4 Global Hawk unmanned surveillance aircraft was in the central area of the Black Sea, the defense ministry said.
The meeting creates an opportunity to create awareness of the great opportunities inherent in the connection between the oil and gas industry and Israeli innovation.
The Health Ministry said inhaling the gas also causes dizziness, which might make users act carelessly or dangerously.
The increases are the latest in a series of recent price hikes.