Israeli gas companies’ stocks drop

Israeli gas companies’ stocks drop by several percentage points after Economy Minister Aryeh Deri’s statement that he is leaning towards not using his ministerial privilege to allow a controversial deal on Israel’s natural gas reserves to bypass the antitrust commissioner.

An aerial view of the Israeli Tamar gas processing rig 24 kilometers off the southern coastal city of Ashkelon, June 23, 2014 (Moshe Shai/FLASH90)
An aerial view of the Israeli Tamar gas processing rig 24 kilometers off the southern coastal city of Ashkelon, June 23, 2014 (Moshe Shai/FLASH90)

Delek drops 4.85%, Ratio loses 3.7% of its worth, and Avner 4%, Ynet reports.

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