Israel’s income from gas so far this year: $152 million
This year was a record for government income from natural gas, mining, and oil production licenses, the Infrastructures Ministries said.
By Shlomo Pitrikovsky
This year was a record for government income from natural gas, mining, and oil production licenses – and it’s mostly due to the Tamar natural gas field, the Natural Resources Authority of the National Infrastructures, Energy, and Water Ministry said Monday. So far this year, Israel has earned NIS 594 million ($152 million) from licenses for the resources. By the end of the year, that figure should total about NIS 820 million ($210 million), the Authority said.
Almost all the money – NIS 584 million – came from license fees paid by the firms that are producing natural gas in the fields off Israel’s shores. Of that, almost all – NIS 580 million – was from the licenses paid for production from the Tamar gas field. Developers have produced 6.2 billion cubic meters (BCM) of gas from the
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