After the economy contracted nearly 20% in the fourth quarter because of the war, GDP per capita fell last year, the Central Bureau of Statistics reports.
The decision by Chevron and the other partners in the gas reservoir comes six months after then energy minister Israel Katz approved greater exports to Egypt.
The company, which has developed and marketings a helmet for deep transcranial magnetic stimulation, has seen its share price rise 230% in the past year.
The Knesset has adopted into Israeli law the arrangement set by the United Nations for conducting international arbitration. 80 countries are already partner to the UN law.