Posts Tagged ‘Israeli press review’

« Gas is a strategic resource »

In the past century, the balance of power in the Middle East was largely based on the access to the oil fields discovered in it. The next half century will be the era of natural gas as a strategic asset. In contrast to the oil era, Israel has the potential of being a major player […]

IEC to start $9b Leviathan gas talks

Israel Electric Corporation (IEC) (TASE: ELEC.B22) is preparing to buy natural gas from the Leviathan field. At stake is a multibillion dollar deal for its Hadera power station, which will only go ahead if IEC decides to convert the power station to gas. A decision is due within days, subject to the project being financially worthwhile.