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    Globes: Gilo and Tshuva seek gas monopoly compromise

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Summary

These was a sense of optimism after Delek's controlling shareholder met the Antitrust Authority head today.

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Press Notes, News By Country, Israel

Globes: Gilo and Tshuva seek gas monopoly compromise

A just concluded meeting between Antitrust Authority director general David Gilo and Delek Group Ltd. controlling shareholder Yitzhak Tshuva, Delek Drilling Limited Partnership chairman and Avner Oil and Gas LP CEO Gideon Tadmor, and Delek Drilling CEO Yossi Abu indicates that the two sides will attempt to reach a compromise before the upcoming hearing. Intensive negotiations between the parties are scheduled for next month.

National Economic Council chairman Prof. Eugene Kandel yesterday headed a meeting that included representatives of the Ministries of Energy, Justice, and Finance. A representative of Gilo also attended. This meeting was one of a series of meetings expected in the coming weeks designed to first achieve a governmental consensus on a position vis-a-visa the gas monopoly, and in order to analyze the consequences of the events in recent days.

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