Reserves expected to save market NIS 13 billion a year, yield NIS 450 billion in state revenue over the next 25 years.
Gas field off Haifa shores comes online after four years, USD 3.5 billion investment. Still: Electricity prices not expected to drop before 2015.
Source: Israel Hayom
God of Israel is great. Praise Yeshua the Messiah.
Just as the Muslim Brotherhood took control over the gas pipeline from Sinai, Israel do not need it anymore.
This Islamic government will not be able to blackmail Israel, to great irritation in the entire Arab world.
For the ordinary Egyptian, loss of Israel as a client, means more financial trouble. Egypt should have praised the Jewish state, for being such a faithful and stable buyer of gas from Sinai.
In stead of praising Israel, the brotherhood and their like minded blew up the gas pipeline into Israel, nine times in one year. Surely one of the true fruits of “The Arab spring”.
When you curse Israel, you will surly bring a curse up on your own head.
I will bless those who bless you, and whoever curses you I will curse; and all peoples on earth will be blessed through you.”
God of Israel is surly going to make a spectacle of his enemies in the years to come.
The World can no longer strangle Israel by refusing to sell energy to her. Now, anti-Zionists of different colors will try to find other ways to harm the Jewish state.
Such is the nature of evil. In the end they will face judgment, and get the eternal punishment they deserve.
Written by Ivar
How great that is for Israel, to be independent from the need of Arab energy is almost everything. And Israeli technology will be innovative to use that gas for everything. Cars,heating,cooling, refrigeration. Gas can be used to provide all these things and I’m sure israeli’s will use it to the fullest. Now to get away from oil is next.
Translated and reblogged. God of Israel is really great!