05.07.2009

As per the Israeli Natural Gas Sector Bill: pressure of 16 bar or less within the transmission system

Lost Time Injury Frequency, expressed as injury frequency per million hours worked.

Lost Time Injuries is any work related injury or illness that prevents an employee to carry out a work day after the said incident. Exploring, developing and producing hydrocarbons is an intrinsically hazardous activity. LTIs are an important element of an oil and gas exploration company’s reporting and are part of its HSSE policy and safety performance. They become part of Lost Time Injury Frequency, which is the number of LTIs recorded for a group of workers, per million hours worked by that group. The ultimate goal is to attain Zero Loss Time Injuries

A commodity offered especially at cost or even below cost to attract customers

In the energy sector this is the buying of energy stock with the expectation that the asset will increase in value. A speculative long position regarding natural gas prices, is a bet gas prices will increase