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Israel Natural Gas Lines chairman Roni Chaimovski on Israel and natural gas.
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So much -- call.
So the Wall Street Journal sponsored conference innovated in -- Israel is under way joining us now with more is Adam Shapiro.
Well we're gonna turn our attention now to something that is not only important to Israel's economic future but also to its actual security -- that has to do with energy independence.
Joining us to discuss Israel and Israel natural gas the state owned corporation.
Is the -- chairman of the company -- come off skiing and its pledge to have -- Fox Business.
Then the gas fields that were discovered in the past couple of years that Samir guests filled the leviathan gas -- have the potential -- not only make Israel totally energy independent.
But to make Israel and energy exporter.
How quickly -- this happen.
This is going to happen that's for -- And the question when would it happens is would it depend on how fast can we Palin.
I had to infrastructure.
Bring the right to investors to participate with us to partners.
And then be able to -- as you know we have.
Over 900 -- and -- BCM.
Around in Israel in the current discoveries and so X fourteen out of Israel.
Is essential take under believe -- -- Did did that theoretically -- would calendar year for those exports could that be within the next three to four years that we -- actually see this happen we hope so.
Now -- upcoming online in the next few months potentially is.
The ability for Israel to import liquid natural gas to which this is important because.
In the states we keep hearing about the explosions to the pipeline to gas pipeline from Egypt.
But this -- -- potentially allow Israel to circumvent that pipeline and that's coming on line.
Before the end of the year is that accurate.
This is correct.
ING head of the compliment -- them churning past publish and distribute believed.
The infrastructure to good -- with the right partners Italians.
French and American -- And equip us -- this and by the end of the year we would have been a week.
Being able to import.
Liquid naturally that's.
This is an offshore -- much like we use here in the United States off the coast -- Delaware and New Jersey exactly but you've actually partnered with British Petroleum they're gonna start delivering LNG is that accurate.
That's.
Not done yet and actually we are -- the -- The one real talking with his accelerate OPEC accelerate energy and American local funding.
That we like can trust and hopefully there would be no partner in export doing in fourteen and the natural.
Now if I'm an investor in the United States clearly I could've perhaps take a steak -- taken investment and accelerator -- -- -- group India what what what other opportunity because.
Israel natural gas is a state owned company.
How might I get in on what you will be building over the next three to four years to become a natural gas exporter.
How could an investor here take part of that what companies are you working within the states to -- to -- that infrastructure.
You can invest basically.
Although I get is forty own government we -- some bonds we already kids dubbed an a plus and I've been a Israeli -- notes -- -- innocent people.
And you could invest with the company but more likely that you would like to invest.
We default -- around -- from to -- federal Bill Clinton downstream midstream and.
Here in the United States who are the stove -- -- expressed an interest in working with viewer who are you reaching out to work with we held them.
Great popular -- nobody analogy they are.
In Israel since.
2004.
Believe.
And day out fault of Amman and leave you found.
Act we are trying to make them happy because it's important for us both American investor would come to -- and really looking forward to get some more.
-- -- that's the reason for the conference here today.
But you can invest we didn't those companies.
And you could -- -- of the project bill pending today exporting.
Every now that we -- talking about before.
Is basically 101215.
Billion dollars mutilated -- beyond the middle and we will need partners to common daily dots.
Doing this and we are looking for -- that the volume.
-- -- -- -- just a couple of them.
Well road running come off -- we appreciate you joining us here on the Fox Business Network and again.
Considering future for Israel and the not too far future literally the next few years.
A country of eight million people which will be an energy exporter.
Back to you amazing out of -- thank you so much.
