The IEC said that the lower tariffs were made possible by the sale Ramat Hovav power station, and the fall in natural gas and coal prices.
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.09 to NIS 5.43 per liter on Monday night, December 1.
Delek Drilling has filed with the Financial Conduct Authority to list a spin off on the London Stock Exchange that would own the Leviathan and Aphrodite fields.
The Israeli energy company will face major cash flow challenges in 2021 and 2022, with more than NIS 3 billion to be repaid by the end of 2022.
Market sources say that the first-ever oil major to come here would not have acquired Noble Energy without Israel's improved relations with the Gulf states.
Asa Levinger leads Energix, a green energy company now worth four times as much as natural gas company Delek.
Gasoline prices in Israel to rise Mon night