Wednesday, December 12th | 4 Tevet 5779

February 7, 2011 9:39 am

Israel Looks Forward to Energy Independence

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Daily Caller — An explosion at an Egyptian gas terminal that disrupted the supply of fuel to Israel had Israeli officials pressing Sunday to speed development of a natural gas deposit that they say can make Israel energy independent.

Infrastructures Minister Uzi Landau wants the government to back loans so financing can be obtained to develop the Tamar field, off Israel’s coast in the Mediterranean Sea, a spokesman said. Landau also favors exempting the field’s developers from a proposed windfall tax.

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