Investors in energy stocks an take encouragement today from remarks by Delek Group Ltd. (TASE: DLEKG) controlling shareholder Yitzhak Tshuva, reported last night on the Knesset television channel.
Speaking at a Leader Capital Markets analysts conference last week, Tshuva said, "The government of Israel, the prime minister and the minister of energy have said that they are committed to moving forward with the gas framework approved by the security cabinet, the Knesset and the government, and I believe that the approval process will be concluded within the next few days."
Tshuva is believed to have been recorded at the conference without his knowledge, something that adds authenticity to remarks made to a professional audience at a closed conference.
Last week, senior Delek managers presented the strategic plan for the group's Avner and Delek Drilling units to analysts. The presentation has been published on the Tel Aviv Stock Exchange's Maya website.
Published by Globes [online], Israel business news - www.globes-online.com - on October 19, 2015
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