Energy Independence: our project will potentially produce a substantial portion of Israel’s oil and gas consumption for decades, a major strategic contribution to Israel's geo-political position, economy and security.
Future Regional Cooperation:
Oil shale resources are abundant in Egypt, Jordan, and Israel. This carries a huge promise for future cooperation.
Royalties and taxes:
The government take (royalties and taxes) at a commercial stage project can reach billions of dollars per year.
Developing the energy field and establish a new employment segment creating a large number of jobs.
Diversifying Israel energy sources:
The project will enhance the usage of natural gas as a clean energy source.
The project will advance research and academic activities for developing alternative energy sources for the underground heating (Solar energy).