Brazilian state-run oil firm Petrobras is considering bidding in a new tender to explore for oil and gas offshore Israel, a leading Israeli financial news website reported on Sunday. Calcalist reported that a final decision could be announced during a four-day visit to Israel by Brazilian President Jair Bolsonaro that began on Sunday.
Israel's Finance Ministry has approved funding for the construction of the largest water desalination plant in the world. Under construction in Sorek, central Israel, the plant is scheduled to be completed in 2013 at a cost of 400 million US dollars.