Netanyahu Touts Natural Gas as Strategic Asset During Platform Visit
Summarized from The Jerusalem Post by baba
Prime Minister Benjamin Netanyahu visited the Leviathan natural gas platform on Thursday, highlighting its role as a strategic asset. The platform has generated NIS 32 billion since 2019, with total state revenues projected to exceed NIS 350 billion, including significant export income from Egypt. Netanyahu also noted savings for Israeli families and enhanced energy security, with operations resuming after a temporary shutdown in response to regional conflict.
The story in 7 lines · by baba
- Prime Minister Benjamin Netanyahu visited the Leviathan natural gas platform on Thursday, October 22, 2026.
- The Leviathan gas field has generated NIS 32 billion for the state treasury since December 2019.
- Israel projects cumulative state revenues from its natural gas and oil sector to exceed NIS 350 billion.
- Export agreements, particularly with Egypt, are a significant source of expected revenue.
- Domestic gas production has reportedly saved Israeli families thousands of shekels annually.
- The Leviathan field exceeded its production capacity, reaching 15.8 billion cubic meters.
- The platform resumed operations in early April after a temporary shutdown due to security concerns.
The Jerusalem Post publishes in English. The key points are summarized above. Read The Jerusalem Post’s full report from the link at the top of the page.
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