M-RCBG Associate Working Paper No. 102
Facing a Gas Monopoly: The Power Game
In 2015, the Israeli government approved a controversial deal with a US-Israeli partnership that controlled virtually all the natural gas supply in Israel--at great cost to the Israeli public. Central to the controversy was the political decision not to interfere with a provision--in the most significant gas agreement to the Israeli public to date--that sets artificially high gas prices and represents excess costs of billions of shekels over the 17-year lifetime of the deal.
View the press release here.