the Natural Gas Sector law mainly deals with the transmission, distribution and marketing of natural gas in Israel. The Law enacted by the Knesset in 2002 to create conditions for the development of the natural gas sphere in Israel, via the private sector and to encourage competition in this sphere in accordance with government policy in the fields of economics and energy; To regulate activity in the natural gas sphere so as to enable investments in it and to provide services at appropriate levels of quality, credibility and availability, and taking into account considerations of efficiency. The law and its amendments determine the provisions regarding the storage, transmission, distribution and marketing of natural gas in Israel and determines that the construction and operation of the transmission system, of distribution networks, of an LNG facility, of a natural gas storage facility require a license to be granted by the MNI Minister. An unofficial translation of The Natural Gas Sector Law, Sefer Hachukim 5762-2002, was last updated in April 2008 and can be found on the MNI website