Minister of National Infrastructures Benjamin Ben-Eliezer made a scathing attack today on the handling of the recent privatization of Israel's oil refineries. "The economy received a stark reminder of what went wrong just a few weeks ago, with the jump in refining prices. These proved the claim that splitting up and privatizing the oil refineries is a mistake that the public at large will pay for," he said. Ben-Eliezer added that his ministry may recommend the introduction of mechanisms to stop the refineries putting up prices even further.In other words, he thinks that the Refineries were sold too cheap and they will suck money from the public. It is an enigma for me how he can say that when the privatization process was managed by him and his Director General, who now is the Director of Mekorot.
Thursday, August 30, 2007
BAZAN to rise today
I expect my BAZAN shares to rise considerably today. Globes: