IEC chief Yiftah Ron-Tal discusses the energy ‘revolution’ of Israel’s Tamar natural gas fields and the damage the ‘Arab Spring’ caused to Israel’s electricity.
By Yoni Kempinski, Ari Yashar
Maj.-Gen. (res.) Yiftah Ron-Tal, Director of the Israel Electric Company (IEC), spoke Thursday at the Ramle Conference on financial policy, where he addressed the Palestinian Authority (PA) electricity debts of 1.4 billion shekels (nearly half a billion dollars).
“If it were up to me, I would cut off their electricity tomorrow,” commented Ron-Tal. “Any private company would have cut off their electricity a long time ago. We’re demanding the PA to pay every last penny.” Continue Reading »