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Full Gas in Neutral?(9:30)
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Minister of Infrastructure and Energy Yuval Steinitz (C) speaks as he presents the guidelines for regulating the country’s offshore natural gas reserves at a press conference in Jerusalem on June 30, 2015. Photo: Yonatan Sindel/Flash90
VOI political correspondent Raoul Wootliff joins Josh Hasten.
The two discuss the intricate details of the current government legislation on Israel’s natural gas resources. He says lawmakers are trying to work out a system according to which the two controlling companies — Noble Energy and Delek — don’t monopolize the market, while at the same time figuring out how to create the most efficient revenue flow and benefit for the country as a whole.
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