Yigal Landau – About
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Yigal Landau, an active businessman since the 90’s, is a capable businessman in initiating and managing corporations. Landau founded, with his father Shaikeh, together with the Rotlevy, the geologist Eitan Eisenberg and the late Zvi Tsafriri the “Ratio Oil Exploration (1992)” – Limited Partnership. Since the foundation of the partnership, Yigal Landau has served as a director and CEO.

Yigal Landau (Photo: Dudu Bachar, TheMarker)

Yigal Landau (Photo: Dudu Bachar, TheMarker)

Ratio participates in oil and gas exploration in the petroleum rights’ areas granted by the state of Israel. In its early years, the partnership has focused its activities on land oil exploration, however, after drilling without discovering oil and gas in commercial quantities; it was decided to concentrate the partnership’s exploration efforts in deep water, such as the areas west of Israel’s shoreline. Following the geological analysis carried out by Ratio’s geologist, the Partnership decided to concentrate its efforts on areas where it is more likely to find commercial oil discoveries, despite the high costs involved.

In retrospect, it became clear that it was a good decision and Ratio was awarded with the “Ratio Yam” permit, which yielded two commercial gas discoveries so far. The first is the Leviathan field, estimated at around 22 trillion cubic feet of natural gas and Condensate, totaling approximately 39 million barrels. The second is the Dolphin Field. Levithan is considered one of worlds’ best assets of gas in terms of size, gas quality and production capacity. This is thanks to Yigal Landau, along with the other founders of Ratio.

Photo: Orel Cohen, Calcalist

Photo: Orel Cohen, Calcalist

Yigal Landau says that Israel should strive for energy independence and should therefore encourage private entrepreneurs to seek oil and gas in Israel’s economic waters. This success would lead the country to produce energy self-sufficiently and generate great benefits for the economy. Landau sees himself as a process leader, continuing the legacy in the field of energy.

Yigal Landau – Milestones in the business world

  • 1990-Present – CEO of Hiram Landau Ltd.: A leading company in the fields of infrastructure and estate development. The company performs road reconstruction and produces asphalt using an innovative method.
  • 1993-Present – Member of the Board of Directors of Union Bank of Israel Ltd. Member of the Risk Management Committee, the Committee for Fixed Asset Transactions, the Credit Committee and the Real Investment Committee.
  • January 2001 – Director of the Proseed Venture Capital Fund Ltd. The fund invests in start-ups, high-tech, information technology, medical devices and life sciences companies.
  • 2005 to 2013 – Director at “Dalia” Power Energies Ltd. The company’s private power plant at Tel-Tzafit generating the capacity of 870 megawatts was founded by Yigal Landau. It is considered the largest private power plant in the country with construction cost estimated at about a billion dollars.