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Inside Investor

ISRAEL: Tax Issues Cause for Concern After Tamar Gas Starts Pumping

ISRAEL: Tax Issues Cause for Concern After Tamar Gas Starts Pumping

Bottom Line: Riding high on its massive Levant Basin discoveries and with the first gas coming online from one of these supergiant fields, Israel is considering raising taxes on its natural resources in a move that could harm existing investment.

Analysis: Enough gas has been discovered in Israel’s Levant Basin to supply the country for 150 years and make it a key exporter. On 30 March,…

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