Oil and Gas Trade Mission to Israel, 21748-21750 [2012-8608]

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Download as PDF 21748 Federal Register / Vol. 77, No. 70 / Wednesday, April 11, 2012 / Notices Dated: April 4, 2012. Paul Piquado, Assistant Secretary for Import Administration. Appendix—List of Comments and Issues in the Issues and Decision Memorandum General Issues 1. Legal Authority to Apply the CVD Law to the PRC. 2. Whether the Final Results Must Account for the Imposition of Double Remedies. 3. Whether the Department’s Investigation of the Provision of Wire Rod and Steel Strip for LTAR Met the Initiation Standard. 4. Whether Application of AFA for the Wire Rod and Steel Strip LTAR Programs Is Supported by the Record and Consistent with U.S. International Obligations. 5. Benchmark Used for Wire Rod. Company-Specific Issues 6. Whether CVDs Should Apply to Wireking’s Purchases of Steel Strip, Which is Not Consumed in the Production of the Subject Merchandise. 7. Whether Cash Deposit and Liquidation Should Reflect Names and Translations of Names Used by NKS for Exportation of Goods to the United States. 8. Whether the Department Should Have Found NKS Received a Subsidy from City Maintenance and Construction Taxes and Education Fee Surcharges/ [FR Doc. 2012–8727 Filed 4–10–12; 8:45 am] BILLING CODE 3510–DS–P DEPARTMENT OF COMMERCE International Trade Administration Oil and Gas Trade Mission to Israel International Trade Administration, Department of Commerce. ACTION: Notice. wreier-aviles on DSK5TPTVN1PROD with NOTICES AGENCY: Mission Description The United States Department of Commerce (DOC), International Trade Administration (ITA), U.S. and Foreign Commercial Service (CS), is organizing an Executive-led Oil and Gas Trade Mission to Israel, October 27–October 31, 2012. This mission is designed to be led by a Senior Commerce Department official. The purpose of the mission is to introduce U.S. firms to Israel’s rapidly expanding oil and gas market and to assist U.S. companies pursuing export opportunities in this sector. The mission to Israel is intended to include representatives from leading U.S. companies that provide services to oil and gas facilities, from design and construction through to project implementation, maintenance of facilities, and environmental protection. VerDate Mar<15>2010 15:14 Apr 10, 2012 Jkt 226001 The mission will visit Tel Aviv and Jerusalem, and will include a visit to a to-be-determined site (e.g., port or company office). Mission participants will attend the 2012 Israel Energy and Business Convention. Held for the 10th consecutive year, by Eco Energy and Tachlit Conferences, this is Israel’s major energy forum. The convention assembles representatives of companies and senior Israeli and foreign policy makers, bringing them together with the Israeli financial and business community. The mission will help participating firms gain market insights, make industry contacts, solidify business strategies, and advance specific projects, with the goal of increasing U.S. exports to Israel. The mission will include oneon-one business appointments with prescreened potential buyers, agents, distributors and joint venture partners; meetings with government officials; and high-level networking events. Participating in an official U.S. industry delegation, rather than traveling to Israel on their own, will enhance the companies’ ability to secure meetings in Israel. Commercial Setting The United States is Israel’s largest single country trade partner. Since the U.S.-Israel Free Trade Agreement entered into force in 1985, U.S.-Israel trade has grown nine-fold. Since 1995 nearly all trade tariffs between the U.S. and Israel have been eliminated. Exports of U.S. goods to Israel in 2010 were $6.7 billion. In September 2010, Israel joined the Organization for Economic Cooperation and Development. Israel has an advanced market economy. As of 2010, Israel has the 24th largest economy in the world. Historically poor in natural resources, Israel depends on imports of petroleum, coal, natural gas and production inputs, though the country’s nearly total reliance on energy imports will likely change with recent discoveries of large natural gas reserves off its coast. In accordance with the OECD’s Green Growth Declaration of 2009, the Government of Israel formed a Green Growth Round Table to bring about regulatory, budgetary and environmental policy changes between 2012 and 2020. Therefore, there may be sub-sector opportunities in environmental protection and pollution treatment, for onshore and offshore activities. Natural Gas In 2009 and 2010, the greatest natural gas discoveries of the decade were made off the coast of Israel: The Tamar and PO 00000 Frm 00028 Fmt 4703 Sfmt 4703 Leviathan fields. These fields may have the capacity to support Israel’s domestic gas consumption with reserves left for exports, and related platform chemicals. The U.S. Geological Survey estimates that there are 122 TCF of recoverable gas in the region, most of it in Israeli waters.1 In March 2012, another offshore discovery was made by Modiin and Adira Energy northwest of Tel Aviv, with an estimated 1.8 TCF of natural gas as well as oil.2 Israel’s offshore natural gas reserves are estimated around 30 trillion cubic feet, however further exploration is needed. The Ministry of Energy and Water Resources’ (MEWR) Petroleum Unit and Petroleum Council are responsible for issuing petroleum prospecting licenses in Israel. After the Tamar and Leviathan discoveries, numerous licenses to initiate petroleum prospecting were granted. According to the Petroleum Law, license owners must begin petroleum prospecting within 4 months of license issuance, commence drilling operations no later than two years following license issuance, and the interval between the drilling of one well and another cannot exceed 4 months. Consequently, it is likely that various drilling operations will commence in 2012. Because Israel does not yet have the physical infrastructure and technical workforce to support this fast growing industry, local companies are eager to team up with U.S. companies. Finally, Minister of Energy and Water Resources, Uzi Landau is committed to bringing foreign companies into Israel for continued gas exploration, and its eventual export. The Committee on Energy Policy, recommends setting aside 50 percent of the Tamar and Leviathan gas resources for export. Final decisions on exports will be made in the coming months. All natural gas export facilities will be located in areas under Israeli control. Opportunities exist for prospectors, operators, pipeline construction, logistical services and ship manufacturers. Technical training services are required to build a workforce and there are opportunities for academic cooperation with local universities and colleges. Oil In March 2010, the U.S. Geological Survey reported that there is an 1 US Geological Survey. Assessment of Undiscovered Oil and Gas Resources of the Levant Basin Province. <http://pubs.usgs.gov/fs/2010/ 3014/pdf/FS10-3014.pdf>. 2 ‘‘Oil and Gas Found at Gabriella, Yitzhak Licenses.’’ Globes Israel Business News. 13 Mar. 2012. <http://www.globes.co.il/serveen/globes/ docview.asp?did=1000732741>. E:\FR\FM\11APN1.SGM 11APN1 Federal Register / Vol. 77, No. 70 / Wednesday, April 11, 2012 / Notices estimated 1.7 billion barrels of recoverable oil in Israel.3 The World Energy Council estimates Israel’s shale deposits could ultimately yield as many as 250 billion barrels of oil.4 In May 2011, the Russian energy company Inter RAO announced that it had received a license to develop oil shale resources in the Negev desert. In March 2012, another offshore discovery was made by Modiin and Adira Energy northwest of Tel Aviv, with an estimated 128 million barrels of oil, as well as natural gas.5 The Meged Field may also contain significant oil reserves. In June 2011, Israeli oil exploration company, Givot Olam, announced that its test production site, Meged 5, was producing 800 barrels a day. According to a report by the international consultancy Baker Hughes, Givot Olam will develop Meged 6 and Meged 7 and perform well stimulation for all its drillings; in the next stage the company will drill up to 40 wells throughout the Meged field.6 In February 2012, MEWR approved continued production at Meged 5, and development of Meged 6– 14 drillings.7 Many oil exploration licenses are set to expire in 2012 and 2013. Exploration companies are limited to how many licenses they can hold in Israel, and given the success of several exploration projects, there are opportunities for U.S. companies to enter Israel’s oil exploration market. Mission Goals The mission will help U.S. companies increase their export potential to Israel by identifying profitable opportunities in Israel’s natural gas and oil market. As such, the mission will focus on helping U.S. companies obtain market information, establish business and government contacts, solidify business strategies, and/or advance specific projects. The mission’s goals include: • Facilitating first-hand market exposure and access to government decision makers and key private-sector industry contacts, including potential trading partners; • Promoting the U.S. energy industry by connecting representatives of U.S. companies with potential trading partners; • Helping companies gain valuable international business experience in the rapidly growing energy industry; and, • Helping U.S. companies strengthen their engagement in the worldwide marketplace, leading to increased exports and job creation. Mission Scenario Participants will attend country briefings, seminars and meetings with government decision makers and key private-sector industry contacts, including potential trading partners. Participants will also receive briefings on natural gas opportunities in Greece 21749 and Cyprus. Networking events will provide mission participants with further opportunities to speak with local business and government representatives, as well as with business executives of major U.S. companies already established in Israel. The mission will begin in Tel Aviv, where participants will receive market briefings and learn about doing business in Israel. Next, the delegates will participate in the Israel Energy and Business Convention 2012, Israel’s major energy forum. Here the participants will be able to learn about the market, meet with potential customers and network with all relevant players from the public and private sector. The convention will include plenary sessions, panel discussions, lectures, investment advice and exhibitions. Commercial Service Tel Aviv will arrange one-on-one business meetings with potential buyers and partners for all trade mission participants. Next, the delegation will be led on a site visit. Probable site visits include Ashdod Port and Noble Energy offices. Finally, the delegation will visit the MEWR in Jerusalem to learn about the state of the oil and gas industry in Israel. The precise agenda will depend upon the availability of local government and private sector officials, as well as on the specific goals and makeup of the mission participants. NOTIONAL TIMETABLE Saturday, October 27, 2012 ............................... Sunday, October 28, 2012 ................................. Monday, October 29, 2012 ................................. Tuesday, October 30, 2012 ................................ Wednesday, October 31, 2012 ........................... wreier-aviles on DSK5TPTVN1PROD with NOTICES Participation Requirements All parties interested in participating in the trade mission must complete and 3 US Geological Survey. Assessment of Undiscovered Oil and Gas Resources of the Levant Basin Province. <http://pubs.usgs.gov/fs/2010/ 3014/pdf/FS10-3014.pdf>. 4 ‘‘Oil Shale Country Notes: Israel.’’ World Energy Council for Sustainable Energy. <http:// www.worldenergy.org/publications/ VerDate Mar<15>2010 15:14 Apr 10, 2012 Jkt 226001 • Tel Aviv. Æ Participants arrive in the AM. Æ Afternoon Embassy briefing, doing business in Israel seminar. • Tel Aviv. Æ Participation in Israel Energy and Business Convention 2012. Æ One-on-one meetings. Æ Dinner with trade mission lead and relevant government of Israel senior officials. • Tel Aviv. Æ Participation in Israel Energy and Business Convention 2012. Æ One-on-one meetings. Æ Networking reception with Israeli companies. • Tel Aviv. Æ Site visit to port, or Noble Energy Inc. offices. Æ Reception and Ambassador’s residence. • Jerusalem. Æ Relevant government meetings. submit an application package for consideration by DOC. All applicants will be evaluated on their ability to meet certain conditions and best satisfy the selection criteria as outlined below. U.S. companies already doing business with survey_of_energy_resources_2007/oil_shale/ country_notes/2005.asp>. 5 ‘‘Oil and Gas Found at Gabriella, Yitzhak Licenses.’’ Globes Israel Business News. 13 Mar. 2012. <http://www.globes.co.il/serveen/globes/ docview.asp?did=1000732741>. 6 Meged Field Reserves Classification. Rep. Baker Hughes, Mar. 2011. <http://www.givot.co.il/english/ data/images/Media/ GIVT0001%20Final%20Report%20rev3.pdf>. 7 ‘‘Energy Ministry Approves Meged Field Development.’’ Globes Israel Business News, 30 Jan. 2012. <http://www.globes.co.il/serveen/globes/ docview.asp?did=1000720122>. PO 00000 Frm 00029 Fmt 4703 Sfmt 4703 E:\FR\FM\11APN1.SGM 11APN1 21750 Federal Register / Vol. 77, No. 70 / Wednesday, April 11, 2012 / Notices Israel as well as U.S. companies seeking to enter to the Israeli market for the first time may apply. A minimum of 10 and a maximum of 20 companies will be selected for participation in this mission. Fees and Expenses After a company has been selected to participate on the mission, a payment to the DOC in the form of a participation fee is required. The participation fee is $3,285 for large firms and $2,675 for a small or medium-sized enterprise (SME) 8, which covers one representative. The fee for each additional representative is $500. Participants in Israel Energy and Business Conference will pay showrelated expenses directly to the show organizer. Expenses for travel, lodging, meals, and incidentals will be the responsibility of each mission participant. Delegation members will be able to take advantage of U.S. Embassy rates for hotel rooms. Conditions for Participation An applicant must submit a completed and signed mission application and supplemental application materials, including adequate information on the company’s products and/or services, primary market objectives, and goals for participation. If the Department of Commerce receives an incomplete application, the Department may reject the application, request additional information, or take the lack of information into account when evaluating the applications. Each applicant must also certify that the products and services it seeks to export through the mission are either produced in the United States, or, if not, marketed under the name of a U.S. firm and have at least 51 percent U.S. content of the value of the finished product or service. Selection Criteria for Participation • Consistency of the applicant’s goals and objectives and business with the stated scope of the mission. • Diversity of company size, sector or subsector, and location may also be considered during the review process. Referrals from political organizations and any documents containing references to partisan political activities (including political contributions) will be removed from an applicant’s submission and not considered during the selection process. Timeframe for Recruitment and Applications Mission recruitment will be conducted in an open and public manner, including publication in the Federal Register, posting on the Commerce Department trade mission calendar (http://www.ita.doc.gov/ doctm/tmcal.html) and other Internet Web sites, press releases to general and trade media, direct mail, notices by industry trade associations and other multiplier groups, and publicity at industry meetings, symposia, conferences, and trade shows. Recruitment for the mission will conclude no later than August 24, 2012. The U.S. Department of Commerce will review applications and make selection decisions on a rolling basis beginning May 21, 2012, until the maximum of 20 participants is selected. Applications received after August 24, 2012 will be considered only if space and scheduling constraints permit. Contacts U.S. Commercial Service Tel Aviv Ms. Irit van der Veur, Senior Commercial Specialist, 972–3–519– 7540, irit.vanderveur@trade.gov. U.S. Commercial Service Washington, DC Mr. David McCormack, International Trade Specialist, 202.482.2833, david.mccormack@trade.gov. wreier-aviles on DSK5TPTVN1PROD with NOTICES • Suitability of the company’s products or services to the market. • Applicant’s potential for business in the targeted industries in Israel, including likelihood of exports resulting from the mission. Elnora Moye, Trade Program Assistant. 8 An SME is defined as a firm with 500 or fewer employees or that otherwise qualifies as a small business under SBA regulations (see http:// www.sba.gov/services/contracting_opportunities/ sizestandardstopics/index.html). Parent companies, affiliates, and subsidiaries will be considered when determining business size. The dual pricing reflects the Commercial Service’s user fee schedule that became effective May 1, 2008 (see http:// www.export.gov/newsletter/march2008/ initiatives.html for additional information). National Oceanic and Atmospheric Administration VerDate Mar<15>2010 15:14 Apr 10, 2012 Jkt 226001 [FR Doc. 2012–8608 Filed 4–10–12; 8:45 am] BILLING CODE 3510–FP–P DEPARTMENT OF COMMERCE RIN 0648–XB155 Endangered Species; File Nos. 16549 and 17095 National Marine Fisheries Service (NMFS), National Oceanic and AGENCY: PO 00000 Frm 00030 Fmt 4703 Sfmt 4703 Atmospheric Administration (NOAA), Commerce. ACTION: Notice; receipt of applications. Notice is hereby given that the S.O. Conte Anadromous Fish Research Center, U.S. Geological Survey; Box 796, 1 Migratory Way, Turners Falls, MA 01376, has applied in due form for a permit to take shortnose sturgeon (Acipenser brevirostrum); and also that Entergy Nuclear Operations Inc., 450 Broadway, Suite 3, Buchanan, NY 10511, has applied in due form for a permit to take shortnose sturgeon (Acipenser brevirostrum) and Atlantic sturgeon (Acipenser oxyrinchus oxyrinchus) for purposes of scientific research. DATES: Written, telefaxed, or email comments must be received on or before May 11, 2012. ADDRESSES: The application and related documents are available for review by selecting ‘‘Records Open for Public Comment’’ from the Features box on the Applications and Permits for Protected Species (APPS) home page, https:// apps.nmfs.noaa.gov, and then selecting File Nos. 16549 or 17095 from the list of available applications. These documents are also available upon written request or by appointment in the following offices: Permits and Conservation Division, Office of Protected Resources, NMFS, 1315 East-West Highway, Room 13705, Silver Spring, MD 20910; phone (301) 427–8401; fax (301) 713–0376; and Northeast Region, NMFS, 55 Great Republic Drive, Gloucester, MA 01930; phone (978) 281–9328; fax (978) 281– 9394. Written comments on either application should be submitted to the Chief, Permits and Conservation Division • By email to NMFS.Pr1Comments@noaa.gov (include the File No. in the subject line of the email), • by facsimile to (301) 713–0376, or • at the address listed above. Those individuals requesting a public hearing should submit a written request to the Chief, Permits and Conservation Division at the address listed above. The request should set forth the specific reasons why a hearing on the application(s) would be appropriate. FOR FURTHER INFORMATION CONTACT: Malcolm Mohead or Colette Cairns at (301) 427–8401. SUPPLEMENTARY INFORMATION: The subject permits are requested under the authority of the Endangered Species Act of 1973, as amended (ESA; 16 U.S.C. 1531 et seq.) and the regulations SUMMARY: E:\FR\FM\11APN1.SGM 11APN1

Agencies

[Federal Register Volume 77, Number 70 (Wednesday, April 11, 2012)]
[Notices]
[Pages 21748-21750]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-8608]


-----------------------------------------------------------------------

DEPARTMENT OF COMMERCE

International Trade Administration


Oil and Gas Trade Mission to Israel

AGENCY: International Trade Administration, Department of Commerce.

ACTION: Notice.

-----------------------------------------------------------------------

Mission Description

    The United States Department of Commerce (DOC), International Trade 
Administration (ITA), U.S. and Foreign Commercial Service (CS), is 
organizing an Executive-led Oil and Gas Trade Mission to Israel, 
October 27-October 31, 2012. This mission is designed to be led by a 
Senior Commerce Department official. The purpose of the mission is to 
introduce U.S. firms to Israel's rapidly expanding oil and gas market 
and to assist U.S. companies pursuing export opportunities in this 
sector. The mission to Israel is intended to include representatives 
from leading U.S. companies that provide services to oil and gas 
facilities, from design and construction through to project 
implementation, maintenance of facilities, and environmental 
protection. The mission will visit Tel Aviv and Jerusalem, and will 
include a visit to a to-be-determined site (e.g., port or company 
office). Mission participants will attend the 2012 Israel Energy and 
Business Convention. Held for the 10th consecutive year, by Eco Energy 
and Tachlit Conferences, this is Israel's major energy forum. The 
convention assembles representatives of companies and senior Israeli 
and foreign policy makers, bringing them together with the Israeli 
financial and business community.
    The mission will help participating firms gain market insights, 
make industry contacts, solidify business strategies, and advance 
specific projects, with the goal of increasing U.S. exports to Israel. 
The mission will include one-on-one business appointments with pre-
screened potential buyers, agents, distributors and joint venture 
partners; meetings with government officials; and high-level networking 
events. Participating in an official U.S. industry delegation, rather 
than traveling to Israel on their own, will enhance the companies' 
ability to secure meetings in Israel.

Commercial Setting

    The United States is Israel's largest single country trade partner. 
Since the U.S.-Israel Free Trade Agreement entered into force in 1985, 
U.S.-Israel trade has grown nine-fold. Since 1995 nearly all trade 
tariffs between the U.S. and Israel have been eliminated. Exports of 
U.S. goods to Israel in 2010 were $6.7 billion. In September 2010, 
Israel joined the Organization for Economic Co-operation and 
Development.
    Israel has an advanced market economy. As of 2010, Israel has the 
24th largest economy in the world. Historically poor in natural 
resources, Israel depends on imports of petroleum, coal, natural gas 
and production inputs, though the country's nearly total reliance on 
energy imports will likely change with recent discoveries of large 
natural gas reserves off its coast.
    In accordance with the OECD's Green Growth Declaration of 2009, the 
Government of Israel formed a Green Growth Round Table to bring about 
regulatory, budgetary and environmental policy changes between 2012 and 
2020. Therefore, there may be sub-sector opportunities in environmental 
protection and pollution treatment, for onshore and offshore 
activities.

Natural Gas

    In 2009 and 2010, the greatest natural gas discoveries of the 
decade were made off the coast of Israel: The Tamar and Leviathan 
fields. These fields may have the capacity to support Israel's domestic 
gas consumption with reserves left for exports, and related platform 
chemicals. The U.S. Geological Survey estimates that there are 122 TCF 
of recoverable gas in the region, most of it in Israeli waters.\1\ In 
March 2012, another offshore discovery was made by Modiin and Adira 
Energy northwest of Tel Aviv, with an estimated 1.8 TCF of natural gas 
as well as oil.\2\
---------------------------------------------------------------------------

    \1\ US Geological Survey. Assessment of Undiscovered Oil and Gas 
Resources of the Levant Basin Province. <http://pubs.usgs.gov/fs/2010/3014/pdf/FS10-3014.pdf>.
    \2\ ``Oil and Gas Found at Gabriella, Yitzhak Licenses.'' Globes 
Israel Business News. 13 Mar. 2012. <http://www.globes.co.il/serveen/globes/docview.asp?did=1000732741>.
---------------------------------------------------------------------------

    Israel's offshore natural gas reserves are estimated around 30 
trillion cubic feet, however further exploration is needed. The 
Ministry of Energy and Water Resources' (MEWR) Petroleum Unit and 
Petroleum Council are responsible for issuing petroleum prospecting 
licenses in Israel. After the Tamar and Leviathan discoveries, numerous 
licenses to initiate petroleum prospecting were granted. According to 
the Petroleum Law, license owners must begin petroleum prospecting 
within 4 months of license issuance, commence drilling operations no 
later than two years following license issuance, and the interval 
between the drilling of one well and another cannot exceed 4 months. 
Consequently, it is likely that various drilling operations will 
commence in 2012. Because Israel does not yet have the physical 
infrastructure and technical workforce to support this fast growing 
industry, local companies are eager to team up with U.S. companies. 
Finally, Minister of Energy and Water Resources, Uzi Landau is 
committed to bringing foreign companies into Israel for continued gas 
exploration, and its eventual export.
    The Committee on Energy Policy, recommends setting aside 50 percent 
of the Tamar and Leviathan gas resources for export. Final decisions on 
exports will be made in the coming months. All natural gas export 
facilities will be located in areas under Israeli control. 
Opportunities exist for prospectors, operators, pipeline construction, 
logistical services and ship manufacturers. Technical training services 
are required to build a workforce and there are opportunities for 
academic cooperation with local universities and colleges.

Oil

    In March 2010, the U.S. Geological Survey reported that there is an

[[Page 21749]]

estimated 1.7 billion barrels of recoverable oil in Israel.\3\ The 
World Energy Council estimates Israel's shale deposits could ultimately 
yield as many as 250 billion barrels of oil.\4\ In May 2011, the 
Russian energy company Inter RAO announced that it had received a 
license to develop oil shale resources in the Negev desert. In March 
2012, another offshore discovery was made by Modiin and Adira Energy 
northwest of Tel Aviv, with an estimated 128 million barrels of oil, as 
well as natural gas.\5\ The Meged Field may also contain significant 
oil reserves. In June 2011, Israeli oil exploration company, Givot 
Olam, announced that its test production site, Meged 5, was producing 
800 barrels a day. According to a report by the international 
consultancy Baker Hughes, Givot Olam will develop Meged 6 and Meged 7 
and perform well stimulation for all its drillings; in the next stage 
the company will drill up to 40 wells throughout the Meged field.\6\ In 
February 2012, MEWR approved continued production at Meged 5, and 
development of Meged 6-14 drillings.\7\
---------------------------------------------------------------------------

    \3\ US Geological Survey. Assessment of Undiscovered Oil and Gas 
Resources of the Levant Basin Province. <http://pubs.usgs.gov/fs/2010/3014/pdf/FS10-3014.pdf>.
    \4\ ``Oil Shale Country Notes: Israel.'' World Energy Council 
for Sustainable Energy. <http://www.worldenergy.org/publications/survey_of_energy_resources_2007/oil_shale/country_notes/2005.asp>.
    \5\ ``Oil and Gas Found at Gabriella, Yitzhak Licenses.'' Globes 
Israel Business News. 13 Mar. 2012. <http://www.globes.co.il/serveen/globes/docview.asp?did=1000732741>.
    \6\ Meged Field Reserves Classification. Rep. Baker Hughes, Mar. 
2011. <http://www.givot.co.il/english/data/images/Media/GIVT0001%20Final%20Report%20rev3.pdf>.
    \7\ ``Energy Ministry Approves Meged Field Development.'' Globes 
Israel Business News, 30 Jan. 2012. <http://www.globes.co.il/serveen/globes/docview.asp?did=1000720122>.
---------------------------------------------------------------------------

    Many oil exploration licenses are set to expire in 2012 and 2013. 
Exploration companies are limited to how many licenses they can hold in 
Israel, and given the success of several exploration projects, there 
are opportunities for U.S. companies to enter Israel's oil exploration 
market.

Mission Goals

    The mission will help U.S. companies increase their export 
potential to Israel by identifying profitable opportunities in Israel's 
natural gas and oil market. As such, the mission will focus on helping 
U.S. companies obtain market information, establish business and 
government contacts, solidify business strategies, and/or advance 
specific projects.
    The mission's goals include:
     Facilitating first-hand market exposure and access to 
government decision makers and key private-sector industry contacts, 
including potential trading partners;
     Promoting the U.S. energy industry by connecting 
representatives of U.S. companies with potential trading partners;
     Helping companies gain valuable international business 
experience in the rapidly growing energy industry; and,
     Helping U.S. companies strengthen their engagement in the 
worldwide marketplace, leading to increased exports and job creation.

Mission Scenario

    Participants will attend country briefings, seminars and meetings 
with government decision makers and key private-sector industry 
contacts, including potential trading partners. Participants will also 
receive briefings on natural gas opportunities in Greece and Cyprus. 
Networking events will provide mission participants with further 
opportunities to speak with local business and government 
representatives, as well as with business executives of major U.S. 
companies already established in Israel.
    The mission will begin in Tel Aviv, where participants will receive 
market briefings and learn about doing business in Israel. Next, the 
delegates will participate in the Israel Energy and Business Convention 
2012, Israel's major energy forum. Here the participants will be able 
to learn about the market, meet with potential customers and network 
with all relevant players from the public and private sector. The 
convention will include plenary sessions, panel discussions, lectures, 
investment advice and exhibitions. Commercial Service Tel Aviv will 
arrange one-on-one business meetings with potential buyers and partners 
for all trade mission participants.
    Next, the delegation will be led on a site visit. Probable site 
visits include Ashdod Port and Noble Energy offices. Finally, the 
delegation will visit the MEWR in Jerusalem to learn about the state of 
the oil and gas industry in Israel.
    The precise agenda will depend upon the availability of local 
government and private sector officials, as well as on the specific 
goals and makeup of the mission participants.

                           Notional Timetable
------------------------------------------------------------------------
 
------------------------------------------------------------------------
Saturday, October 27, 2012...   Tel Aviv.
                                  [cir] Participants arrive in the AM.
                                  [cir] Afternoon Embassy briefing,
                                   doing business in Israel seminar.
Sunday, October 28, 2012.....   Tel Aviv.
                                  [cir] Participation in Israel Energy
                                   and Business Convention 2012.
                                  [cir] One-on-one meetings.
                                  [cir] Dinner with trade mission lead
                                   and relevant government of Israel
                                   senior officials.
Monday, October 29, 2012.....   Tel Aviv.
                                  [cir] Participation in Israel Energy
                                   and Business Convention 2012.
                                  [cir] One-on-one meetings.
                                  [cir] Networking reception with
                                   Israeli companies.
Tuesday, October 30, 2012....   Tel Aviv.
                                  [cir] Site visit to port, or Noble
                                   Energy Inc. offices.
                                  [cir] Reception and Ambassador's
                                   residence.
Wednesday, October 31, 2012..   Jerusalem.
                                  [cir] Relevant government meetings.
------------------------------------------------------------------------

Participation Requirements

    All parties interested in participating in the trade mission must 
complete and submit an application package for consideration by DOC. 
All applicants will be evaluated on their ability to meet certain 
conditions and best satisfy the selection criteria as outlined below. 
U.S. companies already doing business with

[[Page 21750]]

Israel as well as U.S. companies seeking to enter to the Israeli market 
for the first time may apply. A minimum of 10 and a maximum of 20 
companies will be selected for participation in this mission.

Fees and Expenses

    After a company has been selected to participate on the mission, a 
payment to the DOC in the form of a participation fee is required. The 
participation fee is $3,285 for large firms and $2,675 for a small or 
medium-sized enterprise (SME) \8\, which covers one representative. The 
fee for each additional representative is $500.
---------------------------------------------------------------------------

    \8\ An SME is defined as a firm with 500 or fewer employees or 
that otherwise qualifies as a small business under SBA regulations 
(see http://www.sba.gov/services/contracting_opportunities/sizestandardstopics/index.html). Parent companies, affiliates, and 
subsidiaries will be considered when determining business size. The 
dual pricing reflects the Commercial Service's user fee schedule 
that became effective May 1, 2008 (see http://www.export.gov/newsletter/march2008/initiatives.html for additional information).
---------------------------------------------------------------------------

    Participants in Israel Energy and Business Conference will pay 
show-related expenses directly to the show organizer. Expenses for 
travel, lodging, meals, and incidentals will be the responsibility of 
each mission participant. Delegation members will be able to take 
advantage of U.S. Embassy rates for hotel rooms.

Conditions for Participation

    An applicant must submit a completed and signed mission application 
and supplemental application materials, including adequate information 
on the company's products and/or services, primary market objectives, 
and goals for participation. If the Department of Commerce receives an 
incomplete application, the Department may reject the application, 
request additional information, or take the lack of information into 
account when evaluating the applications.
    Each applicant must also certify that the products and services it 
seeks to export through the mission are either produced in the United 
States, or, if not, marketed under the name of a U.S. firm and have at 
least 51 percent U.S. content of the value of the finished product or 
service.

Selection Criteria for Participation

     Suitability of the company's products or services to the 
market.
     Applicant's potential for business in the targeted 
industries in Israel, including likelihood of exports resulting from 
the mission.
     Consistency of the applicant's goals and objectives and 
business with the stated scope of the mission.
     Diversity of company size, sector or subsector, and 
location may also be considered during the review process.
    Referrals from political organizations and any documents containing 
references to partisan political activities (including political 
contributions) will be removed from an applicant's submission and not 
considered during the selection process.

Timeframe for Recruitment and Applications

    Mission recruitment will be conducted in an open and public manner, 
including publication in the Federal Register, posting on the Commerce 
Department trade mission calendar (http://www.ita.doc.gov/doctm/tmcal.html) and other Internet Web sites, press releases to general and 
trade media, direct mail, notices by industry trade associations and 
other multiplier groups, and publicity at industry meetings, symposia, 
conferences, and trade shows. Recruitment for the mission will conclude 
no later than August 24, 2012. The U.S. Department of Commerce will 
review applications and make selection decisions on a rolling basis 
beginning May 21, 2012, until the maximum of 20 participants is 
selected. Applications received after August 24, 2012 will be 
considered only if space and scheduling constraints permit.

Contacts

U.S. Commercial Service Tel Aviv

    Ms. Irit van der Veur, Senior Commercial Specialist, 972-3-519-
7540, irit.vanderveur@trade.gov.

U.S. Commercial Service Washington, DC

    Mr. David McCormack, International Trade Specialist, 202.482.2833, 
david.mccormack@trade.gov.

Elnora Moye,
Trade Program Assistant.
[FR Doc. 2012-8608 Filed 4-10-12; 8:45 am]
BILLING CODE 3510-FP-P