Israel
By Yoni Weiss
Updated Wednesday, January 6, 2021 at 4:36 pm
YERUSHALAYIM -
Updated Wednesday, January 6, 2021 at 4:36 pm
(AP Photo/Alan Diaz)
The Special Committee for the Israeli Citizens’ Fund chaired by MK Avi Dicter (Likud) discussed on Wednesday the potential of the natural gas market in Israel, and the potential for exporting natural gas.
The Israeli Citizens’ Fund is designed to accumulate revenues paid to the state treasury from the super-profits tax levied on gas reservoirs since 2011, as recommended in the Sheshinski I Committee report, and from revenues paid to the state treasury from the super-profits tax levied on producers of natural resources since 2015, as recommended in the Sheshinski II Committee report.