Impact of Israeli Gas Field Has Been Hugely Underestimated, Says Analyst

CEO of Epsilon Mutual Fund says that Tamar natural gas field will contribute NIS 12 billion to Israel's economy in 2013 alone.

The Tamar natural gas field could contribute as much as NIS 12 billion to Israel's gross domestic product in 2013, considerably more than the NIS 6 billion to NIS 8 billion estimated by the Bank of Israel and the Organization for Economic Cooperation and Development, according to Idan Azoulay, CEO of Epsilon Mutual Funds.