Middle East Economic Survey
VOL. LIII
No 41
11-Oct-2010
ISRAEL
Noble Energy Protests Israels Consideration Of Higher Royalties On Hydrocarbons
Last years discovery of the offshore Tamar gas field, where reserves are estimated at 8.4 tcf (238 bcm), and the prospect of making an even larger discovery in the Leviathan structure when drilling begins in October, have prompted Israels Knesset to consider raising the royalties it receives from the companies developing and exploiting natural...
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