Business  Environment
Leviathan gas estimate raised to 18.9 tcf
Reuters and Calcalist
Published: 03.05.13, 07:26
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7 Talkbacks for this article
1. Good news for the Israeli economy?
jason white ,   afula,israel   (05.03.13)
Exactly how much will our economy receive? If the find is so big, then why are they selling a 30% stake in the field? Why didn't the government of Israel buy that 30%? The cost of gas and electricity is rising and we have so much natural gas. Something stinks here and it is not the natural gas.
2. oil and technology
Alon ,   TA   (05.03.13)
this is great news but the problems is all these foreign companies take most profit. Just like our tech companies being purchased by foreign especially US companies and taking the expertise and brainpower out of Israel.
3. Lets not be greedy
Tzimmes ,   Tel Aviv   (05.04.13)
Remember that exploration is very expensive .The search for fuel in the Med was a gamble that could have come to nought. The firms concerned deserve reward, without them, nothing.
4. Funds for Indigenous fighter jets
GideonPowerful ,   Zion Citizen   (05.05.13)
Now Israel should be getting ready to fund the development of 5th Gen fighter jet of its own using the proceeds from Oil&gas. If israel could develop Lavi more than 20 years ago,it can do much better now.Developing your own fighters is the best strategic edge and advantage ever. Israel can trully be the king of Mid-East airspace only when it can autonomously build competive fighters of its own.
5. the government will be getting a lot in royalties
Scott ,   Ramat Gan, Israel   (05.05.13)
Currently Noble is pressuring the government to lower the royalties it will have to pay. Hopefully they will not give in.
6. Funds for Indigenous fighter jets
GideonPowerful ,   Zion Citizen   (05.05.13)
Now Israel should be getting ready to fund the development of 5th Gen fighter jet of its own using the proceeds from Oil&gas. If israel could develop Lavi more than 20 years ago,it can do much better now.Developing your own fighters is the best strategic edge and advantage ever. Israel can trully be the king of Mid-East airspace only when it can autonomously build competive fighters of its own.
7. What's in it for the people of Israel....
Koose E Mack ,   NY NY   (05.05.13)
Will all these profits benefit the rich and make them richer? Or, will the royalties for the govt be used to lower taxes, lower energy prices, build works for the public good, fund education, etc and so forth. Let's hope that at least some of these billions will directly benefit the good people of Am Yisrael.
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