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Israel's Gas Royalties Up 30 Percent in 2020


(Globes) Shani Ashkenazi - Royalties to the state from Israel's natural gas, oil, and minerals totaled $330 million in 2020, up 30% from 2019, the Ministry of Energy reported. There was a 48% increase in natural gas production in 2020, and exports to Egypt and Jordan increased significantly. During the same period there was a fall of 13% in the price of natural gas.
2021-03-04 00:00:00
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