Netanyahu Cites NIS 400 Billion Gas Revenue Outlook During Leviathan Visit
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Prime Minister Benjamin Netanyahu visited the Leviathan platform on Thursday and said Israel's offshore gas would bring NIS 400 billion into state coffers. The Government Press Office said the gas and oil sector has already contributed about NIS 32 billion, while projecting cumulative revenue above NIS 350 billion. Its release cited the existing gas agreement with Egypt, valued at roughly NIS 112 billion, with about NIS 58 billion expected for the treasury. Netanyahu was accompanied by Energy and Infrastructure Minister Eli Cohen.
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