US gas mogul suing Israel for NIS 25 million

An American hydrocarbon developer is suing the government for NIS 25 million, claiming that the National Infrastructure, Energy and Water Ministry unjustifiably prevented the firm from drilling in the eastern Mediterranean beginning in 2000.

RSM Production Corporation – owned by Jack Grynberg, the Jewish-American founder and president of the Grynberg Petroleum Company – submitted the lawsuit to the Jerusalem District Court in April, releasing the complaint to the media only on Tuesday.

The company claims that over the course of several years, the ministry consistently rejected RSM’s applications to drill in areas adjacent to where today’s Tamar and Leviathan reservoirs were eventually discovered.

Source: http://www.jpost.com/Israel-News/US-gas-mogul-suing-Israel-for-NIS-25-million-409762

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