Government’s New Gas Export Limits May Prompt Lawsuit by Tamar Partners

Partners would assert that new government policy treats the partners in Tamar offshore site unfairly in comparison with way partners in other exploration sites were dealt with.

Wednesday’s announcement by Prime Minister Benjamin Netanyahu that Israel would reserve 60% of its offshore natural gas reserves for local consumption − despite a government committee recommendation that only 50% be barred from export − could prompt a legal challenge by partners in the Tamar gas exploration partnership. The claim would assert that the new government policy treats the partners in the...