Jerusalem – Businessman and Chabadnik (Satmar) Chaim Lebovits submitted a bid for the oil exploration license of the Med-Ashdod area off Israel’s southern coast. Lebovits, the controlling shareholder of the public biotechnology company Brainstorm, submitted his bid as the head of the ACC Group, which partners with a U.S. oil and gas exploration company in the Ivory Coast and gold mining in Burkina Faso.
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ACC believes the Yam-3 drill site 16 km. west of the Palmahim coast has a commercial potential of up to 200 million barrels of oil, albeit at a relatively great depth (5,900 meters). Exploration is expected to cost $80 million-$100 million.
At least four other contenders have submitted bids for Med-Ashdod exploration: a partnership of Zerah Oil and Gaz Explorations and Ginko Oil Exploration; Ratio Oil Exploration; a partnership between Modi’in, Lapidot, and an unnamed foreign partner; and Isramco, which has bid alone for the license but included an option to introduce the Delek Group as a 25% partner.
Yesterday was the deadline for submitting license applications for gas and oil exploration all over Israel. They will be reviewed by the National Infrastructure Ministry and referred to the Crude Oil Council for a final decision. The council is to convene on February 8.
The council’s decision will be based on experience or the team’s expertise, as well as prerequisite conditions for the issue of an exploration license (a comprehensive work plan and proof the bidder can finance half of the drilling costs). The council may also decide to divide the licensed area between different applicants. Exploration licenses are granted for a period of seven years, after which the license owners are required to begin drilling or forfeit the license.
A Satmar Chabbadnik? Hmmm, that’s interesting 🙂
Pleasure to see chasidisha guy enterupenuer in the israelli work force
What does he know about oil drilling? I bet he never dirtied his hands!! Does he know how to handle a drill?? Even if you are an employer, you have to know how to handle all, and I mean, EVERY SINGLE piece of equipment. Somebody does not show up for work, or 2 people are sick, or you have a strike, which is common is Israel, you MUST know how to use the tools of the trade!!
what is a satmar chabadnik? I know the answer. Somebody who thinks Zalman and Aaron’s father Moshe Teitelbaum is the meshiach.
Idiotim- they meant to say hassidic not chabbadnick
He would be the first chabbadnik I saw with lange payis
Years ago the rosh yeshiva and his students at a yeshiva for metzuianim in Satmar started to learn Chassidus. Their rosh yeshiva and most of the talmidim became chsidim of the Lubavitcher Rebbe, while keeping their levushim etc encouraged by the Rebbe. Tyhe learning of Chassidus enhances the avodas Hashem of any Jewish person, not matter his backround, while keeping his minhagim etc. Like the Lubavitcher Rebbe used to say, that chassidus is not the property of one group but of all of klal Yisroel. Is the neshomo of the Torah. In fact, the Baal Shem Tov said in Moshiachs name that He (Moshiach) will come when Chassidus is going to be spread all over. Taamu ure-oo ki tov Hasem.
He is a full-fledged chabbadnick, he worked for many years as Rabbi Yosef Aronow’s (chairman of Chabad in Israel) right hand man!
Chaim Lebovits still wheels unbelievable influence in the Israeli Knesset, he comes to New York and to 770 quite often. he is honored, respected and well-liked.
All I want to say is KOL HAKAVOD”
He is the son of Burich Lebovitz of Boro Park
he’s a nephew of the nikulshberger rebbe fro monsey and son of reb Boruch Mordeche from BP
he is a big time chabadnik , but his family has ties to stamer as well , his uncle is nikulsburg ruv from monsey and he is a manhig in lubabvitch is israel < very close with BIBI .....
At the best, this will provide a ten day supply of oil to the US, at a higher cost than what we are currently paying.
R’ Chaim yaakov, is a big talmid chuchum and a smart businessman. With hashems help he will be have big hatzlucha.
the Rebbe of Rachmastrivka, HaRav Yisroel Mordechai Twersky zt”l son Rabbi Nachman Yosef is a Lubavitcher and lives in Crown Heights he has kids on shlichus and they all go in payos and all the levush the Rebbe was very adamant that people do not remove there levush chassidush, yerushalmy or what not.
he will never get the contract. the whole israeli system is so anti-charedi that no charedi is ever given a chance to succeed in the workforce
there are hundreds of former satmar chasidim who switched to chabad,
[could anyone blame them?],just walk into the chabad shull on 16th ave & 49st.
in boro-park,you will notice 40-50 shtreimlech,these are all former satmarers
He is a very big Talmud Chochem and a extremely smart person May has-em help to get it and all of us will see how he will help us all , and all of you stop being so negative on other Jews
the Satmar Rebbes today are eikilach of the Baal HaTanya and the Mittler Rebbe of Chabad, so there is a connection
To#7 ” Calling somebody you do not know in cyberspace a “bloody anti semite” is a shanda for a shayna yid, so I now assume that is something that you are not!! You lack manners, == I hope VIN posts this!! Maybe it will help give you your first lesson. Thank you.
and had close relations reportedly to pataki and had ability to get an audience with condoleeza when lobbying on behalf of angola where he had partnered w dan gertler, grandson of moshe shnitzler in diamond mining — when the angolans pushed the chabadnik lev leviev out.
lebowitz was behind 1996 campaign slogan “netanyahu is good for the jews” , which chabad’s joseph gutnick funded. lebowitz met gertler when gertler reached out to interest gutnick in mining, and they became close and fast friends – practically partners.