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Tuesday, May 26, 2015
Excerpt from PM Netanyahu's Remarks at the Start of the Weekly Cabinet Meeting

Excerpt from PM Netanyahu's Remarks at the Start of the Weekly Cabinet
Meeting
(Communicated by the Prime Minister's Media Adviser)

Following is an excerpt from Prime Minister Benjamin Netanyahu's remarks at
the start of the Cabinet meeting, today (Tuesday, 26 May 2015):

"We will not repeat the mistake that other countries made when they sought
ideal solutions for their gas and sometimes for their oil and as a result of
which both the gas and the oil have remained below the seabed or
underground. They had an ideal solution that was not realistic. In this
situation they could pat themselves on the back for wanting the most
competitive framework that was never realized. Many years have passed in
which many countries have not seen a bit of energy from these sources. We
will not do this. We will act in accordance with a prudent consideration
that balances competition and worthwhileness and extracts the gas from the
depths of the sea. There is an outline here that is the result of expedited
work by various experts in the field. They did not all agree. To my regret,
the head of the Israel Antitrust Authority did not agree, but we are going
forward. I will not allow any consideration or pressure, or populist moves
to prevent the flow of gas to the State of Israel. We will extract this gas
from the depths of the sea, we will bring it to the citizens of Israel and
we will make society as a whole better off."

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