Ratio Energies, which has a 15% stake in Israel’s offshore Leviathan gas field, posted impressive Q3 results due to high demand for natural gas from the project. The company reported a quarterly net profit of $45 million, a significant increase from $8 million a year ago, while revenue for the quarter increased by 31% to $106 million. During the quarter, 3 billion cubic meters of…
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Ratio Energies achieved strong Q3 results with 3 BCM of natural gas sold from the Leviathan reservoir, generating an operating income of $70 million and a net income of $45 million, largely thanks to significant sales for export. From the beginning of the year up until the release of the report, a total of 10.4 BCM of natural gas were sold from the reservoir. The…
Read MoreRatio Energies reported strong Q3 results, with 3 BCM of natural gas sold from the Leviathan reservoir, generating an operating income of $70 million and a net income of $45 million. From the start of the year up until the report’s release, 10.4 BCM of natural gas were sold from the reservoir. Given the robust cash flow, the company plans to continue distributing dividends based…
Read MoreRatio Energies, an Israeli energy company, plans to double its natural gas production capabilities in 2023 by expanding its Leviathan gas processing platform. CEO Yigal Landau emphasized the huge opportunity presented by the high demand for natural gas and the company’s intention to play a major role in the energy market. Despite already having maximized output in 2022, the company achieved 99% production uptime and…
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Yigal Landau, CEO of the Ratio partnership, was interviewed on Reshet B for Michael Miro’s program, and said that: “The government has not missed any opportunity to miss an opportunity (regarding the gas deal) and has not prevented any pitfalls on the way. It began with the retroactive change of taxation, which in hindsight caused much more damage to the country if it had not…
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Yigal Landau, CEO of Ratio, was interviewed on 13/08/15 on the program “Five in the Evening” with Yaron Vilensky on a Radio broadcast about the gas pipeline. On the program Yigal Landau said the following: “I don’t decide whether it is permissible or forbidden to change things over time, but to raise the large amounts requires stability. We have already seen things change several times,…
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(Photo: Orel Cohen, Calcalist)
Yigal Landau - Businessman and entrepreneur - Director and General Manager of Ratio Oil Exploration since its establishment.