(Globes) Amiram Barkat - Government revenues from natural gas royalties amounted to $66 million in 2012 and $155 million in 2013. Israel's Ministry of National Infrastructures forecasts that royalties will reach $600 million annually by 2020. A sharp rise in state revenue is expected in 2018 when gas starts flowing from the Leviathan field.
2014-05-22 00:00:00Full ArticleBACK Visit the Daily Alert Archive