In his speech to supporters, the prime minister said that he is still awaiting official results of the election.
"We are still waiting for the official results, but there is something confirmed — the state of Israel is passing through a historic moment," Netanyahu said addressing to his supporters.
According to Netanyahu, Israel needs a "strong, Zionist government" without anti-Zionist Arab parties that "deny the very existence of Israel as a Jewish and democratic state."
A snap election was called after Prime Minister Benjamin Netanyahu failed to form a government following an earlier vote in April.
On Tuesday, Israel held the snap general election to its 120-seat unicameral parliament, the Knesset. Exit polls showed no clear winner at the ballot. According to exit polls, Blue and White alliance led by Benny Gantz can count on 32-34 seats, while Likud can gain 31-33 seats. Yisrael Beiteinu may receive 8-10 seats in the parliament.
At the moment, neither the center-left camp, nor the alliance of the right-wing and religious parties are gaining 61 seats necessary for the formation of the government.
Lieberman earlier said that a wide coalition of his Yisrael Beiteinu party, Blue and White alliance and Likud was the only option to form the government.