Monday, April 1, 2013

Netanyahu hails 'historic day' as Israel starts pumping gas from major offshore find | The Times of Israel

Netanyahu hails 'historic day' as Israel starts pumping gas from major offshore find | The Times of Israel: The gas from Tamar is expected to help meet Israel’s energy needs for the next 20 years, Channel 2 said, and will save the economy some NIS 13 billion (some $3.5 billion) per year. Its ahead-of-schedule use will also save Israeli citizens some cash — lowering a planned rise in electricity costs to 6 percent, less than originally planned.