Wednesday, November 24, 2010
The Fight Over the Natural Gas in Israel Heats Up
It was on January 2009, when it was first announced the finding of Natural Gas caches off the shores of Israel that is estimated at roughly 250 BMC, or an expected worth of 15 billion USD. Ever since, there is an ongoing battle between the drilling companies that found these Natural Gas caches and the Israeli administration over the income tax on oil and gas royalties. More information: read more about
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