Saturday, November 30, 2013

Now we can start. So before you a brief summary of what happened in and some points beyond. There w


Black Butterfly Effect blog about climate change and global warms The phenomenon news from brazil whereby a small change at one place in a system can have large effects elsewhere, a butterfly flapping its wings in Rio de Janeiro might change the weather in Chicago. (From / / wordnet.princeton.edu) Today We already released 500 billion tons of Carbon to the atmosphere that is a very huge butterfly!
I will expand news from brazil a bit on the legal significance of this moment, but we'll start at the beginning. The hall was packed. Not everyone had a place to sit, and many citizens standing on the side of the hall, mine ear. Before starting the discussion, and after that came all the delegates, members of the Knesset Yachimovitch and Braverman and large public stood in front of everyone and asked: "Is this the representatives of the public? Are there citizens? Looks you raise your hands." news from brazil 95% sitting in the audience raised their hands up with checkmarks. All press cameras started ticking in March. It is. Now it's clear to everyone that the public debate, and he's news from brazil here to monitor closely how affairs are conducted.
Now we can start. So before you a brief summary of what happened in and some points beyond. There will be some legal sections (Hold on), some economic (it will just) and for dessert we add a little soul to everything that happened today. Judges before or after the High Court Hdiion gas exports. Photograph Light Bar-Lev I
One. Judges (especially Gibran and Rubenstein) asked how often the respondents: news from brazil "Why not pass a subject so important and large Knesset?". State's Response: Because it will take time. This is the moment to remind his legislation would go in the first place, the day we were with the law in his hands. MK Ibish Braverman, news from brazil one of the petitioners news from brazil and Chairman Knesset Economics Committee said at the end of the debate the media: I can pass this legislation just a few weeks. My MKs Yachimovitch and Avishii Braverman High Court hearing before me on the export of natural gas light photography - I Bar-Lev news from brazil
Two. While state officials debate (from the Petitions Department State Attorney's Office) spoke about the law gives the government the authority to make the decision without having to bring it to the Knesset, representatives of the companies made sure to walk Amis continue with the eternal spin: If there is no export will not be funding the development of other reservoirs. news from brazil Then While it does not touch the question of legal standing news from brazil before the judges - whether news from brazil the government had the authority or not - but the spirit of the threats floated well in the theater, and there is a possibility that it will also impact on the judges. sadly I say.
Three. Legal spin placed in a threatening sword court: "If the government's decision will be canceled, under existing law allowed gas companies to sign contracts to export everything." Justice Miriam Naor impeded and kept asking if it's true, and it was evident that she buys this argument. This scenario obviously delusional leaning perhaps a loophole (so said a lawyer).
Four. State representative argued throughout the hearing that the government decision to violation of basic rights of the individual or of the public. It is important to clarify something important: Gas is not a normal product for export. It's not orange or flowers. It is a strategic, energy news from brazil security for generations ahead, and it has to affect the fundamental rights of the public and of the individual and how our existence. I hope that the judges Iiodaim it.
Five. The legal debate today concerns the interpretation of the Petroleum Law. This is an old law from 1952 that predicted the current situation with the gas. Gas is important to be clear - is significantly different from oil. While exports of oil can be stopped at various stages that contracts are contracts signed in the short-term gas contracts this story for decades. news from brazil In other words touched you go. I do not know if this difference will be the judges before me, but at least you'll know.
In. Members struggle economist Dror Reshef sustainable economy from the association told us at the end of the hearing that the Sheshinski Committee Report (Appendix E) presented economic models show that half of its total purchases local to 10 years to fund the development of a whale. That is - there is funding from local use only.
Seven. Theme not up for discussion is the issue of transparency. It was long the government can deliver its decision legally Knesset. She avoided due to her fear of transparency. And I have to ask: Is not this right is a fundamental element of democratic public?
Eight. Money knows buy excellent legal representation. This is the truth of our lives right now. Representatives of the gas companies were shrewd lawyers first class, who know the judges, and they knew exactly what to say and how to say. Money knows buy excellent legal representation, that is the truth of our lives. Meanwhile.
On the other side, the lawyers representing our side did a complex, complicated and impressive. Do not just come and claim that this decision is the government news from brazil authority, it is a matter that until now has not been tested. I remind news from brazil Knesset legal advisor news from brazil thinks the same and the Attorney General as we think in principle (but confirmed this decision specifically).
This is not a simple point legally, and our lawyers have made great efforts to move it. They also took down quite a few arguments of the representatives of the gas companies, such as the claim that the mother canceled the government's decision to export gas companies will start from tomorrow everything.
Nine. Following the discussion, I spoke with courts and commentators writings were fiction to learn from them what they think. news from brazil I admit I like quite a few of us, they were impressed judges have difficulty cancel news from brazil the government's decision. That way you can say that the debate had not warned us. It's true. But ...
10. But! It is important to remember that the discussion in court is only part of the considerations that weigh judges. Petition them have reasoned and authoritative, which includes an interpretation of existing law mirror legislative intent conceived it in 1952 (the subject was mentioned in the discussion). The discussion today is not the end all. But I admit that our chances are not great, judging only by the mood in the hall today.
11th. One last point. After waving news from brazil threats gas company representatives, judges narrowed the question now facing a legal point: Is the government's decision was given authority or not. At this point it is important to understand that we are talking about one small section, one of the old law. Legal arena Net

The first petition was to issue an injunction against the government decision that Israel Tsrein it


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Australian energy giant Woodside explores the last days option to join as discussed in the High Court lawsuit against the government's decision on gas exports to Israel, learned cAlcAlist. "This is Woodside supposed to become a partner Leviathan gas reservoir, so that any decision concerning both Israel export quotas and gas exports derived from financial investments - may affect its progress.
Last December, Woodside signed a memorandum of understanding, under which it will buy 30% from the whale for up to 2.518 billion. However for Dilution share of the partners present and exports half of the reservoir (about 270 billion cubic meters) using a floating export facility for LNG (FLNG) or pipe to be altered to neighboring countries. Transaction was not completed because one of the conditions was gas export regulatory approval, although us border wait times possible government, But "stuck" in the High Court after filing two petitions on the subject.
The first petition was to issue an injunction against the government decision that Israel Tsrein itself 60% of the gas reserves discovered off the coast and the other discoveries will receive confirmation exports abroad. However, yesterday rejected a Supreme Court Justice Noam Solberg request. Petition second us border wait times was passing the gas export approval from the government Knesset. petitions signed by four members of the Knesset - My Yachimovitch Moshe Gafni, Avishay Braverman and Reuven us border wait times Rivlin - as well as several environmental organizations.
Added rejection of the application for an interim order would Solberg Manufacturers Association will be added as a respondent to the petition. After football CEO Amir Hayek claimed delay gas exports will delay the development Stock whale, from a short distance to the lack of gas supply industry has been during 2017.
Australian newspaper yesterday claimed that there are delays in the transaction making Woodside partner repository whale, which prevented the transfer of $ 700 million Woodside partnership. Shared environment were surprised the report saying that since no final deal has been reached, it would not be money in the first place, and the parties pending the final decision of the High Court on the issue.
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Friday, November 29, 2013

September 17 is the date set by the now Chief Justice, who Gronis, as the date for the expanded dis


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September 17 is the date set by the now Chief Justice, who Gronis, as the date for the expanded discussion of the seven justices on the petitions filed against the government's decision on the subject of natural gas exports. border crossing wait times Hearing on the petitions will go before an expanded panel of seven judges, when the three judges on the panel The original will join four other justices. appeals judges discuss Edna Arbel, Esther animals and Deputy Chief Justice Miriam Naor, and judges: President of the High Court which Gronis, Rubinstein, Salim Jubran and Noam Solberg.
Last week the High Court decided border crossing wait times that the debate whether border crossing wait times the decision on gas exports will settle for deciding the Knesset or the government, will be brought before an expanded panel of judges. Original lineup included judges who Gronis, Rubinstein and Noam Solberg. Representative of the State Attorney, A. Helman, asked this week court to conclude as soon as possible the petitions. longer the state announced that it has agreed to hold a hearing en banc as conditional order was issued on the subject. actual decision means the state is the consent of the hearing under an expedited procedure.
Recall petition against the decision export my MKs Yachimovitch, border crossing wait times Avishay Braverman, Reuven Rivlin and Moshe Gafni, along with representatives of the Academic Center of Law and Business, Israel Energy Forum and the Association for Sustainable Economics. Alongside this petition filed another petition on their behalf of the "Environmental Defense" and in the movement for Quality Government "called to pass a decision on exporting gas by the Knesset and not left to the government alone.
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Thursday, November 28, 2013

So why those details have changed since and now oppose specifically for export? Well, the answer is


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Israeli media, news issues are changing rapidly. But there is one subject that escapes our radar is the gas issue. Export or not to export? That is the question. Resistance vucem export vucem seems strange that usually politicians and unions oppose actually import. After all, for years, those who advocate government intervention in the economy (or as economists call them opponents of laissez-faire to) opposed vucem to cheaper imports. It took years to convince them that most often it does not affect the product, but allows the economy to grow. A good example is the global success of Waze we are all proud of her.
So why those details have changed since and now oppose specifically for export? Well, the answer is that it is not new at all. If we go back in time about 400 years back, we find that people who believed opposed intervention export economy. Their argument was based on the fear that vital textile export products and wheat, will not stay enough within the country, prices will rise and the public will suffer. vucem Sound familiar? vucem The biggest difference is in the 17th century who would come essential products, sentenced to death and were hanged, whether the trial with or completely legal. So surely Mr. Answer glad he lived in our time.
In order to address the core dispute, nephrotic various options using simple arithmetic. Let's assume that the company discovered the gas is a government company and all profits returning to the people. For example Governor reservoir quantity is 4,000 cubic meters of gas and Israel consumes each year only 100 of them. Unless will export at all, we will not have to import oil and gas for 40 years. In this case, the government will sell us the gas to the world market price. Whatever vucem the outcome on the economy vucem ? oil imports will decrease and the shekel strengthened.
Now let's vucem say we allow exporting. Governor vucem one year we were able to export all the remaining 3,900 cu in of $ 1,000 / m. State the script has gained 3.9 million. Additionally, earning a seven-state gas production, work work at sea who consumed Israeli products and Israeli given another job. Again, we will witness the strengthening of the shekel vucem if some of the money will flow to the Israeli economy.
Various economists have warned of the "Dutch disease," a term he made aliyah following the discovery of gas deposits. They fear higher export proceeds and that the strengthening of the local currency will lead, ultimately lowering the profitability of the remaining export industry. Not that important that Dutch disease hurt us anyway because currency vucem appreciation starting from day one world to know that we found a gas (even before the debate began on exports).
The key question is what will the country with profits. The analogy that works here is winning the lottery. Who rationale and plans to invest the winnings to fund future infrastructure or school, it is better to accept vucem the money at once, but the person who received 3.9 million and tossed them on parties and alcohol, it is better to get the win was fixed installments over 40 years. The question, then, what kind of winner describes our government better?
The second question we must ask is the price of gas transport in the future when we will have to import it from abroad? If shipping price is low, so there's no advantage to export gas. Further question to which I refer is not the question of taxation. Assumed here that the company is a government, but in reality it is private company. What is the state's share in profits on gas production (no matter whether exported or not)? complex issue that has been discussed Sheshinski Committee and we have no choice but welcome result.
With discussions, demonstrations and committees, we forgot that we were not an international power and gas reservoirs. Relative amounts of the world, and at today's prices, the impact of exporting gas exchange will be small, so no problem at all to export some gas. But I regret heated discussion that allows to avoid discussing issues of Israel `s true.

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MK Reuven Rivlin (Likud) picked up the gauntlet thrown by the judges of the High Court and is now initiates a bill that would require the government to the Knesset to approve decisions relating to the rate of gas exports. Two weeks ago, the Supreme Court rejected the petitions filed against gas exports to most of the five judges in front of the two, stating that receive the government's decision will be possible to export 40% of gas reserves.
During the court hearing some of the judges import asked what prevents the Knesset itself initiate laws regarding the export reserves desired and approve it by a simple majority. import Judge Noam Solberg turned to the petitioners and said: "We are returning to the same point. If the Knesset did not do it then why do we need to elaborate on the issue and do it? '.
Rivlin, who was among the petitioners to the High Court said: "I heard the advice given by the High Court to the Knesset, and I introduced a bill requiring the Knesset supervision of government actions, issues such as gas exports, which are generational implications. This is not a right but a duty of the Knesset. "In the explanatory proposal states import that" proposed that decisions import about consumption rate in Israel, including determining the rate of supply of natural gas, will be made only after the approval of the Knesset Finance Committee. "
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Wednesday, November 27, 2013

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Private bill submitted by asking cable reserve of natural gas needs of the economy for 35 years, a longer period than five years originally decided. According to the cable, the current oil law "does not create a coherent framework for the provision of natural gas export license" and therefore bug duty free "it is appropriate that allowing export significant quantities of natural gas will be left to the discretion of sporadic and signing the letter (of the Minister of Energy - Lag), but will be subject to a statutory framework built. "
If Cable's proposal is accepted, the big gas deal between the Partnership and the Leviathan gas reservoir Australian energy giant Woodside may encounter difficulties. This deal was initialed in December, which Woodside will acquire 30% of the reservoir for a consideration of $ 2.5 billion. Terms and accompanied transaction is OK exporting about 50% of the volume of a whale. Another seeks to determine if the cable allowed bug duty free to export gas rate 10% higher proven reserves, obtain bug duty free the approval of the Economic Committee.
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Tuesday, November 26, 2013

Chairman of the Economic Committee, MK Avishay Braverman added:


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In a letter sent Yinon Knesset members who petitioned the High Court against the government's decision on gas exports - My Yachimovitch Reuven Rivlin, Avishay Braverman and Moshe Gafni, returns Yinon things also heard the opinion of the Deputy Attorney General Avi Licht, explaining: "It is clear that the arrangement set by the government is the primary exim bank arrangement to be determined by primary legislation, or at least, if determined - by the government, it must be based on explicit authorization of the legislature. "thus refers Yinon government's decision last June, which permits to export up to 40% of the volume of gas in Proven reserves to neighboring countries.
Yinon examines the government's decision that Section 33 of the Petroleum Law permits the export decision under the exclusive authority of the Ministry of Energy and tells S"sfk whether Article 33 of the Law can be a source of certification provides for determining the initial order on this issue by the executive branch. "
Attorney General decided that even if this "road", you can not determine who is legally permissible for a government decision on the matter. In response, Yinon suggests that "even if there is no legal obstacle - formal government decision based on Article 33 of the Law, is not this issue be regulated within the framework exim bank of detailed legislation and comprehensive."
My opposition leader Yachimovitch greeting opinions of medium and added that she "unequivocally supports exim bank petitioners' position exim bank and dropping the legal ground under the government claims the urgency argument. According to the government if the transfer procedure legislation of the Knesset will take a long time turns ridiculous week that will follow within three days of the Budget Law, the Arrangements Law, Law, Governance and Law referendum. Yinon's opinion joins the opinion of the Deputy Attorney General Avi Licht, who convey the decision of the legislative process is regulated. I hope that the government will get the position, and the government's decision to move the legislative process serious and substantive proper place for this - the Israeli Knesset. "
Chairman of the Economic Committee, MK Avishay Braverman added: "Knesset legal advisor determines that an open and public discussion and a balanced decision that takes into account the public interest could only be made within exim bank the framework of the Knesset and government decision. Knesset legal advisor not is the question of urgency in making the decision, which is the only excuse the government found why not pass the decision to the Knesset, after the Economic Committee and I headed, we took the issue off the table, when we turned the prime minister and announced that the Economic Committee will make every effort to decide the tight schedule possible. "
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Monday, November 25, 2013

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Companies Dor Gas Exploration and ISRAMCO appealed yesterday (e) Court of Justice to require the state to change the decision to export up to 40% of the volume of gas reserves were discovered, and increase the quota threshold of 50% of the stock. Petition asycuda was filed against the government and Prime Minister as well as energy line gas companies operating in Israel, including Noble Energy, Delek Energy, Delek Drilling and intelligence.
Petitioners contend that the government's ruling late June does not translate correctly the language of the law of oil and creates apparent discrimination between them and other companies. Recall asycuda ISRAMCO and gas generation together hold 32.75% of gas from the "Tamar" asycuda (4% gas generation, the rest ISRAMCO), and planned along with its other partners - Noble Energy, Delek Drilling and Avner - gas export to the Far East.
Tamar Photo: Albatross exports Tamar Project "memorandum of understanding was signed nine months asycuda ago last February in front of the Russian Gazprom and Daewoo of Korea. The essence of the project was Tamar "could export about 85 billion cubic meters of natural gas to foreign customers while creating a floating export facility (FLNG). Export should be made for 20 years, where Daewoo is building the facility exports, and Gazprom is responsible for finding foreign customers purchase gas. Nevertheless, the government's decision to limit the total Israeli exports to 40% of the deposits asycuda left the export quota limit Tamar "only at about 50 billion cubic meters, which effectively canceled the entire project.
To share ISRAMCO with "maintenance" Tamar "have already asycuda pledged, subject to various conditions, to sell close to 170 BCM (billion cubic meters - Lag) the quantity of gas from the Israeli market," petitioners argue, and sharpen Meaning that is, teaching government allows buffer "Tamar" export only up to 20% contrast, general arrangement which excluded the reservoir, which applies to all competitors, "says ISRAMCO and gas generation. The bottom line: "The percentage of gas could pool" Tamar "export is thus less than half the percentage of gas allowed asycuda buffer" whale "export (although reservoir" whale "much larger), and even a little more than the percentage asycuda allowed other repositories export quantity of the gas in which ", leading to the conclusion that the petitioners to change the government decision to export more gas from Israel.
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Accordance with this demand picture must ask where we are in terms of establishing a gas pipeline?


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Building blocks for the development of energy sector based on intensive use of natural gas are: redundancy and diversification of energy sources and infrastructure. These two building blocks are axiomatic natural gas based economy, and a foundation for success in the transition economy economy based on intensive use of natural cn22 gas.
The current situation in Israel regarding these building blocks cn22 - very bad. Why? DOE projections expect tremendous growth in domestic demand for natural gas. According to these projections (baseline scenario), the State of Israel is expected cn22 to consume about 13BCM year and already in 2020 - 20 BCM per year in 2030. To understand how aggressive growth of demand, I will note that in 2009 the demand for natural gas in Israel was about 4.5 BCM only. In 2010, natural gas accounted for about 35% of the energy sources for electricity generation in Israel. According to DOE projections will natural gas in 2020 close to 70% of the energy sources for electricity generation in Israel on average, but in times of peak demand (in 2020), made of Natural gas to be higher than - 80%.
Accordance with this demand picture must ask where we are in terms of establishing a gas pipeline? From the "Tamar" located west of Haifa stretched two pipes within about 150 kilometers to set up rig off the coast of Ashkelon and from there to the absorption Ashdod. Insertion point of the maritime buoy is opposite the power station in Hadera cn22 (float allows streaming of gas from the ship clippers directly to the transmission system national). According to DOE projections, already in 2015 will be the country's gas consumption is higher than 7 - BCM, and then we are expected to be almost entirely dependent on a single receiving facility.
We should mention here the faulty development of the natural cn22 gas sector to date. Bypass flow of gas to the south, instead of directly to the north of the country resulted cn22 from strong opposition from residents of the North which prevented the establishment of another entry point in Dor Beach. This is a simple and essential issue for the residents of the north, but it can be solved. Cumbersome conduct of state in this year caused the postponement of the project. Fate and in addition to this rejection, landed on energy from an unexpected blow - cease importing gas from Egypt. Combination of these two factors resulted cn22 in too rapid exploitation of gas reserves in Yam Tethys ". As a result of the rapid pumping of gas in Yam Tethys "hit the reservoir so that the amount of gas that can be produced cn22 from it, has been reduced.
In fact at this point, because there is no infrastructure and no decentralization decentralization of natural gas resources, energy sector operates "on the edge". Suppose this summer would be damaging gas supply transducer. Reasons can be many - to natural disasters, cn22 security events or even just operating failure. What is likely to happen then? The answer is simple - pressure gas transmission pipeline in Israel would be able to support about two hours in power plants, and what will happen then? Power plants that use natural gas will begin to fall from the north to the south. Within two hours of the crash could start power system in Israel. Of course there is a transition drill on alternative fuels, but the simulations conducted indicate that the actual power will not succeed in preventing the collapse of the power plants.
Following the given situation, the question arises how to escape the extreme situation where we are? The key point is the development of a "whale". Whatever the issue of gas exports, it is recommended to ascertain whether development of the reservoir can release the snare which is currently in the gas sector? Development cn22 of Stock "Whale" and the establishment of a northern entrance will allow the domestic economy to double (at least) the significant entry points to the Israeli economy, and beyond "release" the total economic dependence on one database. Also, additional capacity of gas supply would solve a significant problem further - Problem customers small and medium: Currently almost all the gas that can provide pool "Tamar" pre-sold clients are very large (electricity company, ICL, ORL, etc.), when customers small and medium (factories , bakeries, hotels, etc.) are not able to purchase gas. This is a very big problem because it hinders the development of distribution infrastructure for these customers.
Stock "Whale" a single repository is a huge reservoir. To develop the database for local consumption, required an investment of $ 4.5 billion. Over the next decade, there is actually no economic justification reservoir development for local consumption, as most market has been "taken" by Tamar. I mean, the economy quantitatively (without considering issues of redundancy and decentralization of infrastructure) does not need buffer "Leviathan." Therefore, the ability cn22 to develop the database for local consumption is weak, why? Because you should develop the reservoir needs to raise money, but no financing body will not give the money without seeing how the owners of the reservoir will be able to return it. Therefore, the need to find additional markets for the sale of gas and hence comes the solution in the form of gas exports.
Without going into a full description of the global gas market, we note some relevant data: the last two - three years, there is a window of opportunity to close the gas export contracts which will with near certainty the development Aofrtziit export. cn22 This is the most complex operations imaginable business world. Project cost of gas exports could amount - $ 10 billion. To raise the money needed to purchase the signing of gas contracts.
Most global trade of liquefied natural gas, is done through long-term contracts (20-25 years), which is often the key buyer dedicated facilities for gas (pipelines, gasification facilities to the establishment of a dedicated power plants). It is important to note that the time required for projects of this size is long (5-7 years), and money required cn22 from both parties (buyer and seller) is huge. So the most important thing for all parties is uncertain.
What is the window of opportunity? Current account gas sector

Sunday, November 24, 2013

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About 20 members of the Knesset, including opposition leader my Yachimovitch, fob shipping and MK Avishay Braverman, signed a new bill prohibiting the export of gas as long as promised maintaining sufficient quantities of gas to Israel for 50 years all state requirements, including electricity, industrial and transportation.
Sunday, 17:11, MK Dov Hanin cost to the government and the following Wednesday Knesset plenum bill to save gas reserves. On the bill drafted by the 'Environmental Defense, signed more than 20 H"cf most of the Labor Party. The bill will be submitted to the Knesset plenum fob shipping against fob shipping the High Court decision that arena to be addressed is the issue of gas exports to the political arena.
The purpose of the law, as stated, is to ensure that Israel's gas reserves will be used and stored Israel's needs for 50 years. fob shipping According to Dr. Arie Wenger, Head of Energy at Environmental Defense, fob shipping timer, a two generations, giving the gas resource in a more equitable between the current and the next generation, and it also allows greater certainty in planning the development of the electricity sector, Since the life of the power plants is about 50 years. Horizon This design is also required for the development of industrial and development projects in transportation.
The bill requires fob shipping the Secretary of Energy and Water to evaluate gas reserves and production can use the proven reserves of the State of Israel (those declared by law oil discovery), fob shipping and an assessment of the expected consumption next fifty years of Israel. The Minister's plan provisions that will ensure that the required amount to the State of Israel and the forecast is saved to its needs. Only if the size of proven reserves greater than the forecasted consumption, can be exported to the excess. Please fob shipping note that according fob shipping to the bill, the first plan year after approval of the content fob shipping of the law and until then will freeze any possibility to export gas.
MK Dov Hanin of Hadash faction fob shipping said that "the majority fob shipping of Knesset members joined the demand to bring the issue of exporting gas discussed fob shipping and decided in the Knesset. This is an issue with enormous implications and should not be decided behind closed doors, only government fob shipping decisions, procedures that are not visible to the public. Signature now agreements gas exports would be a mistake all around. economically, it will cause a rise in gas prices for industry and electricity production in Israel, an increase will be passed on Israeli citizens and environmental - the decision would transition manufacturing processes cleaner and will result in an increase in air pollution and harm public health. following Wednesday will be given the opportunity fob shipping to MKs prove which side they stand - with the Israeli public or gas tycoons. "
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Saturday, November 23, 2013

The petition sought to challenge the government


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After their petition was rejected exportation by a majority of five justices to two (Rubinstein and Salim Jubran), was filed yesterday (Tuesday) a clarification to the High Court on behalf of the petitioners against gas exports exportation - My Yachimovitch MKs Reuven Rivlin Moshe Gafni, Academic Center of Law and Business, Israel Energy Forum and the Association of Economics Bat - sustainable, exportation Globes reported. "clarification announcement shows that the petitioners believe exportation their petition was presented incorrectly by the judges.
Petitioners protest that the Supreme Court decision exportation stated that "the primary teaching her petitioners contend that this is in fact determined that the gas can be exported beyond the prescribed amount which will be required for the Israeli economy in 29 years." Petitioners charges that this statement refers only to the first paragraph Government Decision adopted exportation June, while they claimed that additional clauses are void because the government decision rendered without jurisdiction.
The petition sought to challenge the government's decision that has exported 40% of natural gas discovered in the coast of Israel and leave the remaining 60% of the economy's needs. High Court decision yesterday exportation was received quickly, because of "decisive importance" and said that the reasons for judgment will be given later. Should be noted that the hearing yesterday, held at the Supreme exportation Court in Jerusalem, you could see how the wind blows when the Supreme Court directed the petitioners pointed questions about the petition. question repeated over and over again from the judges is why did not the Knesset passed a law about exporting gas, if this issue seemed like something we should pass legislation wide only. ultimately procedure failed to representatives of the petitioners to persuade the justices expanded the decision to export is committed wide vote and ruled against them.
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Today (Sunday) at 11:00 am "panel of seven judges of the Supreme Court is expected to rule on petitions big tiny tlc against the government's decision on the subject of gas export quotas. Panel of judges will sit next: Chief Justice who Gronis Vice President Miriam Naor, Edna Arbel, Rubinstein, Salim Jubran, Esther big tiny tlc animals and Noam Solberg.
Petitioners contend that the Commission's conclusions confirmation plant on natural gas export quotas should be done in the Knesset, and the government's limited resolution, due to economic and political importance of the subject petition. Last June, the Government adopted the decision to keep 60% of its gas reserves for internal use, and that exports gas from the "Tamar" big tiny tlc more only after ensuring the needs of the economy.
We note that the appeal against the decision export my MKs Yachimovitch, Avishay Braverman, Reuven Rivlin and Moshe Gafni, along with representatives of the Academic big tiny tlc Center of Law and Business, Israel Energy Forum and the Association for Sustainable Economics. Alongside this petition filed another petition on their behalf of the "Environmental Defense" and in the movement for Quality Government "called to pass a decision on exporting gas by the Knesset and not left to the government big tiny tlc alone.
Dozens of activists "Green" came to demonstrate before the start of the discussion and join the move. Maria Disl green M"mgmh "said L"tstiot": "Today's decision is a historic decision. There is a national treasure worth hundreds of billions of dollars and may fate will be decided in a closed cabinet meeting that no one saw its protocols. Such an issue should be decided by public discussion transparent and stress-free, and should be decided by a rule of the sovereign State of Israel, the Israeli Knesset. "
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Friday, November 22, 2013

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3 Korean giant shipyards competing for the right to build a gas export facility days over Stock whale Calcalist reported this morning. " Partnership Database last weeks auction conducted internally to select the company will set up the project to cost about $ 5 billion. It seems that the three groups leading Korean race winning bid.
One group includes the Samsung Industries, Saifm Italian (Saipem) and Chiyoda (Chiyoda) Japanese. Another heckscher ohlin group Hyundai Heavy Industries, heckscher ohlin along with a group of KBR. The third group Daewoo Heavy Industries heckscher ohlin along with French Tknif, conducted last year the initial engineering design to establish marine export facility whale.
The High Court yesterday rejected the petitions filed against the government decision to export up 40% from natural gas reservoirs, and gas developers now believe heckscher ohlin that the process of developing databases and export facilities will be accelerated. Establishing export facility will take probably 40 months from receipt of the certificates. Estimated cost is includes the cost of development of a whale itself and connecting pipeline to the Israeli coast.
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Thursday, November 21, 2013

Finally, there is also a third reason that urgent government offices to complete the legislation an


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Story of the gas fund - the fund that is supposed to get up, take the money come in from the taxes paid by natural gas producers, invest it and do good things with him - teaches something very sad about the ability of the economic system - political Israel to do something. This story will make the reader explained to grab your head and say - Let the privatization happen and that's it, maybe then it will work.
Science and Technology Committee still arguing Gas Fund Act delayed for two years in the Knesset for approval Sheshinski Law, which states that excess profits tax imposed on oil and gas, to November of 2011, was supposed to get gas fund in Israel Lior Gutman grace inn full article
This story begins two years ago. During the hearings on the bill imposed a new tax on profits of special natural gas producers (those coex possessing coex the largest gas drilling in the Mediterranean), the need to establish a fund to absorb the money. This need is supported on two main arguments. The first is purely economic - too many dollars as a result of entering the market in the sale of gas to Israel may strengthen the shekel and overly significant harm Israeli exporters (who sell products in dollars, so as that considered coex worth less dollars, so their profitability small). Therefore, the Fund should take that money and spend it outside coex the economy by overseas investments.
The second need is to establish a social fund - moral - because gas resources are a natural resource of Israel, they belong to the Israeli public, not just those living in Israel today. In other words, if we want to leave something for our children after us well, it is better to invest money regularly and enjoy its fruits only, ie return on investment.
It all sounds nice in theory and does work around the world, such as Norway or Alaska. coex But the meeting of theory and practice reality Israel has, meanwhile, Tangled yet resolved. The first obstacle was the Ministry of Defense - removed an obstacle yet - himself requires a large income from gas (several billion) to finance the cost of securing gas facilities by the Navy. Contrary to the original intention of Prime Minister coex Benjamin Netanyahu to designate the money for social purposes.
As mentioned, the economic rationale behind the establishment of the fund is to spend the money from Israel, invest abroad, and protect the domestic industry from the strengthening of the shekel may hurt the competitiveness of exporters., But members of the Finance Committee, and Gaffney heads, coex interested at least some money from (eg, 10%) will be invested in Israel.
Apart from the collision with the original rationale for establishing economic foundation, this requirement creates another problem that is right in the heart of the Israeli political economy - according to the perceptions of some key players in this story several coex government offices, the public should entrust politicians as little as possible "toys", as expressed in conversation closed a few months ago one of them. "Give them as little as possible budgetary tools that they can play with them, otherwise there will be no limit to their requirements," said the official cAlcAlist. "
According to this perception, not in any way allow the fund to invest some of the money in Israel, since then these investments will be exposed to political negotiations, and ultimately invested in the wrong places for the wrong reasons. coex Scenario drawn by the officials is this: Suppose that the money invested in Israel, coex and then suddenly a Kaniel tiles or Vita Pri Galil large strained. coex Is the World not pressure the Treasury to invest the fund's money in that company to help it?
The second reason why it is important for officials to finish the legislation quickly, as soon as possible, just derives from fear. For them, it is desirable that decisions coex about where to invest the funds and what purposes it will be used will be as far as possible from the date when the money will start to flow tax on gas drilling Sheshinski (not before 2018).
Politicians, every democracy in the world, coex working mainly in the short term. This is their incentive system, because they stand for re-election every few years rather than every few generations. So far as the money of their term so that their psychological need to do with anything smaller. Therefore, as decisions on the nature of the fund will be rejected closer to the date on which the Fund begins to operate, the more likely - from the perspective of the officials - they will trigger political pressure to make something else Fund original purpose.
Finally, there is also a third reason that urgent government offices to complete the legislation and take the Foundation to fruition, coex and this reason is quite embarrassing. Israel's 2013 public sector almost completely stuck. Fossil. This picture shows every time they call the state comptroller's report repeatedly describes coex how in 2012 ended the test began in 2009 that the first step before coex making a decision taken in 2003.
This stagnation is due to many reasons. Regardless of whether they are justified or not and how to solve them, this is reality. In such a situation, the establishment of the Bank of Israel Operations Unit will manage the investment - Unit will be subject to professional investment committee, which itself will be subject to the Board of Directors headed by Finance Minister - will take a few years. For those not living in the public sector it may sound strange, but when you have to recruit manpower to build computing coex systems, make sure they are "talking" with other important systems, and a variety coex of other operations, such a project may be drawn a few years, go through tenders on the tender, what is not.
Ultimately, the public debate will be decided and the fund will be established. But on the way, the public can listen to the story told in these very days, in real time, before and behind the scenes of hearings on the bill to establish the

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A little while ago ended the first hearing High Court en banc of the seven judges on an appeal filed by the Academic Center of Law and Business, bar organizations and a number of Knesset members, against the government's decision to allow export of gas of up to 40% of gas reserves in Israel. Petitioners argued that approval of the conclusions of the Commission plant for natural gas export quotas should be done in the Knesset, and the government's limited resolution, due to economic and political importance involving huge issue.
State representative argued at the hearing that the government does not violate fundamental rights and therefore no justification for intervention in the Knesset: "The government was based on the authority she has. Government maintains sufficient amount of gas left 30 years and until then no one knows what will happen. Well if I run out of gas mentions that gas west here in Cyprus. " Petitioners' representative, attorney epic Michaeli argued duty free at the hearing that the Gas Act does not allow the government to decide on exports: "We believe that there is order the cancellation of the government decision. This is a comprehensive decision. Gas affects the economy. "
A. Helman, who represents the state told the jury: "The petitioners request duty free that the Court shoots Knesset to pass legislation. What my friends want is your people turn to the government to initiate a bill to reach the Knesset." Gronis enlightened judges and representatives of the petitioners asked what prevents law the Knesset itself initiate and approve it by a simple majority regarding reserves for export you want. Judge Noam Solberg turned to the petitioners and Husich that "we return to the same spot. Whether the Knesset did not do it then why do we need to elaborate on the issue and do it? '.
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Wednesday, November 20, 2013

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News1 | The High Court rejected the debate on gas exports and a panel considering
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After months of public campaigns and controversial government decision, met this morning (Thursday) the High Court petitions seeking the transfer of decision on gas exports to the Knesset and the government's decision regarding the disqualification of capping gas exports. Petitions were to bayonet to the President of the Supreme Court, which Gronis, and judges Rubinstein and Noam Solberg. early discussion of President Gronis offered to the panel of judges hearing extended "Given the importance of this issue." state representative refused the offer and the court announced the termination tradezone hearing for consultation. then informed the court that the hearing ended and will resume again at unclear. On Monday, the state should respond in writing to the judges offer conditional order and expand the panel of judges dealing with the petition. In response, Labor MK MK said that telling Gronis tradezone is extremely important and dramatic. "Supreme Court recognized the importance of the subject, announced that it expands the panel hearing the matter and basically announced that he was already working as a decree nisi on how the acceptance of The government's decision. shame that Prime Minister Netanyahu and Finance Minister Lapid did not understand themselves the obvious that fateful decision to Israel's future which can not be quickly and behind closed doors, but a thorough and transparent process tradezone while sharing the public. " Recall, the government limited the rate of gas exports only 40%, and 60% of gas reserves will be kept for local use. The decision means is that most of Israel's gas exports will be from the "whale", while the gas that comes from the "Tamar" will serve the needs of the Israeli tradezone economy, and exports from the it will only after ensuring the needs of the economy. The decision comes also speed up the development of a "Leviathan." Israel's gas reserves are expected to reach nearly 900 billion cubic meters (BCM), and by the decision is will retain gas volume of approximately -540 BCM (about 60% of the amount.) Number, which insisted Energy Minister Silvan Hello, tradezone expresses a certain reduction in the volume of gas exports which Committee recommended a plant. upon - The petition filed - by opposition leader Shelly Yachimovich, MK Reuven Rivlin, Moshe Gafni and Avishay Braverman, Academic Center tradezone of Law and Business, Israel Energy Forum and the Association sustainable economy, the government sector decision - bag, with economic consequences tradezone - social areas, do not have any formal authority typesetting legislation in the Israeli Knesset. The issue of gas exports, decisive fate of national resources worth hundreds of billions of dollars and affect the Israeli economy for many decades ahead, there was a broad public campaign for over a year, which included tradezone thousands of demonstrators and dozens of organizations, public figures and Knesset members.
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Tuesday, November 19, 2013

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The bill sought to preserve the natural gas found offshore Israel for a period of 50 years, has moved a vote of no government. However, the proposal will renegotiating the Knesset on Wednesday pars online next (20:11:13). The bill drafted by the 'Environmental Defense, signed more than 20 members of the Knesset and in my Yechimovitz MK, MK Avishay Braverman pars online MK Rosenthal, MK Meir Shitrit, MK Dov Lipman and others.
The bill requires the Secretary of Energy and Water to evaluate possible gas reserves for production and proven reserves of the State of Israel (those declared by law oil discovery), and evaluation pars online of the expected consumption next fifty years of Israel. The Minister to determine the plan provisions that will ensure that the required amount to the State of Israel pars online according to the forecast maintained its needs. Only if the size of a large proven reserves forecast consumption can be exported to the excess.
The purpose of the law is to ensure that Israel's gas reserves will be used and stored Israel's needs for 50 years. According to Dr. Arie Wenger, Head of Energy at Environmental Defense, length of time, a couple of generations, some of the gas resource in a more equitable between the current generation and the next generation, pars online and it also allows greater certainty in planning the development of the electricity sector, Since the life of the power plants is about 50 years. horizon planning is also needed for the development of industry and transportation development projects.
MK Dov Henin (Hadash) said today that "the government continues to favor the interests of gas tycoons pars online over the good citizens of Israel and the Israeli economy. Voting will be held in the Knesset on Wednesday will test each and every one members pars online of the Knesset. Public can see who stands next to the requirement favor the interests of Israel and the considerations of profit capitalists. "
Advocate Amit Bracha, executive director, Environmental Defense: "High Court decision gave the responsibility for maintaining the gas reservoirs MKs and now, upon them the moral obligation to ensure that future generations will also gas reserves to less polluting energy production. Gas trade without worrying about the welfare of our children abandon their health and the state's pars online role sin to keep natural resources pars online belonging primarily to the public.
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Email * Industry Conference Events - Eilat 2013 on 20 November 2013 Seminar on: Energy Regeneration BET on November 21, 2013 8:30 Forums energy storage on November 21, 2013 11:00 conference and Environment Court on November 25, 2013 8:00 Annual Conference - 4 green building pars online and design and Bar - sustainable on November 25, 2013 8:30 Annual Meeting of the Forum Industry - Academia on November pars online 27, 2013 9:00 Coal Ash Conference on December 16, 2013 8:30 Seminar on super - capacitors on January 29, 2014 9:00 second conference energy sources and electric vehicle on May 29, 2015 8:00 Israeli Conference on Transport 5th June 20 2015 9:00 how nature worth to the world economy? Fascinating video
Latest News on Israeli companies will try to sell their wares oil and gas giants in Norway and the Netherlands 19 November 2013 for the first time in Israel: methanol-based power plant will operate in Eilat November pars online 19, 2013 Fuel: natural gas fueling station will be established in Israel during the 2014 November 19, 2013 after 12 years: PEI receives approval to establish farms huge fuel tanks near the refinery November 19, 2013 under the influence of sanctions: Iran's gas company goes bankrupt 19 November 2013 global R & D center Makhteshim - Agan Amateur Masonry will be November 19, 2013 Congratulations: Dorad power plant began operating natural gas November 18, 2013
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