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Lapid approves sale of Bazan, Israel’s largest oil refinery

Sue Surkes is The Times of Israel's environment reporter.

View of oil refineries in Haifa, on May 5, 2017. (Yaniv Nadav/Flash90)
View of oil refineries in Haifa, on May 5, 2017. (Yaniv Nadav/Flash90)

Prime Minister Yair Lapid approves a bid by Israel Petrochemical Enterprises to acquire full control of Bazan, Israel’s largest oil refinery.

He does not condition the sale on Bazan’s closure within a decade, in line with a March government decision, despite pressure to do so from Environmental Protection Minister Tamar Zandberg, lawmakers such as Alon Tal, and environmental groups.

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