After the first explosion, the fire spread to two fuel tanks and a nearby house, leading authorities to evacuate everyone within a radius of 700 meters.
"This step will expand the country's revenue and strengthen diplomatic ties between Israel and Egypt," Energy Minister Israel Katz said.
According to the ministry, the unregistered yacht was docked at the port with over 100 liters of diesel in the tank.
Lebanon hopes gas and oil discoveries will help it reverse a crippling economic crisis that has cost the local currency more than 98% of its value.
Israel's Environmental Protection Ministry calls on the government to complete the shift from coal to gas on time.
"It's like a war here," a witness said.
The price of gas will remain at NIS 6.85 per liter.
A combination of renewables, oil and gas, nuclear energy, carbon storage, hydrogen, and other sustainable energy sources is necessary to meet the world’s energy needs.
In order to increase its energy security, Israel must therefore continue to seek ways of diversifying its export options and regional partners.
Since April 2022, when gas prices rose worldwide, temporary provisions have been continuously used to reduce the price.
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