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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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…
Read MoreYigal 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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