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Charges and royalties to the state from pure fuel, oil, and minerals totaled NIS 561 million within the first half of 2021, the Ministry of Power stories.
Charges and royalties to the state from Israel’s pure fuel, oil, and minerals totaled NIS 561 million within the first half of 2021, up 17% from the corresponding interval of 2020, the Ministry of Power stories.
Many of the revenues got here from royalties on pure fuel, which totaled 554 million within the first half of 2021, when 8.9 billion cubic meters (BCM) was produced, in contrast with 6.5 BCM within the first six months of 2020. 5.5 BCM was bought to the home market and 4.4 BCM was exported.
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5.5 BCM was produced from the Leviathan discipline within the first half of 2021, up 59.5% from the primary half of 2020 and three.4 BCM was produced from the Tamar discipline within the first half of 2021, down 20.5% from the primary half of 2020. The typical worth of fuel within the first half of 2021 was 11% decrease in greenback phrases and 17% decrease in shekel phrases than within the first half of 2020.
The Ministry of Power expects charges and royalties to the state from Israel’s pure fuel, oil, and minerals to rise to NIS 590 million within the second half of 2021.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on August 29, 2021
Copyright of Globes Writer Itonut (1983) Ltd. 2021
Leviathan rig Photograph: Albatross
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