(Platts) The cut-off of Egyptian gas supplies and the faster-than-expected depletion of the Mary B field have cost the Israeli economy $4 billion, Finance Ministry director general Doron Cohen said Wednesday. Most of the cost was for more expensive alternative fuels, primarily oil, to run electric power plants that had been using natural gas.
2012-03-16 00:00:00Full ArticleBACK Visit the Daily Alert Archive