Israel's energy ministry is exploring the option of building a gas-to-liquids (GTL) plant in Israel. The ministry said that it will assist entrepreneurs to explore that option and consider what the consequences would be for the country's energy sector.
Two years ago the ministry published a request for information for GTL in order to reduce dependence on oil in transport. In 2011 the government set a target of reducing oil consumption by 60% by 2025.
"We are working towards widening the Israeli natural gas market," the ministry director general, Sahul Meridor said in a statement. "Innovative technology of liquid fuel production from natural gas will enable the use of gas in other sectors of the economy and to increase demand for natural gas."
