Israel Declares Gas Security Issue to End Regulatory Standoff
This article is for subscribers only.
Top Israeli ministers declared the rapid development of the country’s natural gas resources a national security interest, in an attempt to end an antitrust dispute that has held up production.
The action taken Thursday by ministers with security responsibilities overrode the antitrust authority’s objection to a contested gas policy. The full cabinet will be asked to approve the decision, and then the proposed gas policy will be open to public discussion, according to a text message from Prime Minister Benjamin Netanyahu’s office.