israel/EAST MEDITERRANEAN
Israeli Finance Ministry Estimates State Entitlement For Gas Resources At $5.3Bn
Israel’s Ministry of Finance has estimated the state’s entitlement to discovered oil and gas resources at NIS20bn ($5.3bn). The estimate was made by the accountant general and included in the government’s 2011 financial report, the first time that the state has included an estimate for its expected revenues for oil and gas discoveries....
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