Live Update 
From the Liveblog of
Sunday, August 16, 2015
From the Liveblog of
Sunday, August 16, 2015
Cabinet passes controversial gas deal
Add ToI as a Preferred Source on GoogleThe cabinet has voted to okay the deal between the government and a US-Israeli energy consortium to develop offshore gas fields, the Prime Minister’s Office says in a statement.
“The government has passed the agreement to increase the amount of gas extracted from natural gas field Tamar and the quick development of the Leviathan, Karish and Tanin fields, as well as other gas fields,” the PMO says.
The Knesset will now be tasked with voting through the controversial measure, which backers say will bringing hundreds of billions of shekels into Israel’s coffers but critics fear favors Noble Energy and Delek Drilling too heavily.
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