Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Israel says will not issue new permits for oil shale production

Israel said on Tuesday it will not issue new licenses for oil shale exploration and production as it moves towards cleaner energy sources.

The decision was made due to concerns over the environmental impact and ecological footprint of oil shale projects, Israel's energy and environmental protection ministries said on Tuesday.

The energy ministry also said it will not extend the license for oil shale production for Rotem Amfert, a unit of Israel Chemicals, at its Mishor Rotem site beyond May 2021.

Two other licenses that have already been issued will be reexamined base on environmental criteria, the ministry said.

(Reporting by Ari Rabinovitch; Editing by Steven Scheer)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.