Israel's export plans sharpen national debate

摘要

Israels recently announced plan to export 40 percent of its gas reserves has sharpened a national debate, UPI reported. With the current export cap, the country could earn US$60 billion from exports and satisfy domestic demand for at least 25 years, mostly in the power generation sector. However, the cap is set lower than many potential investors had hoped. The cap follows two years of debate on how to develop the country's offshore gas reserves. Debate is ongoing on how the reserves will be potentially exported.