Isramco posted a 9% increase in revenues amounting to $107 million

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The gas partnership


Isramko Yahsh
-1.54%




Base:129.8

opening:129.8

High:130.9

low:127.4

change:3,909,657

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which owns 28.75% of the Tamar reservoir, published the reports for the third quarter, revenues amounted to 107 million dollars, an increase of 9% from the corresponding quarter last year.

Revenues from gas and condensate sales amounted to 134 million dollars, compared to 128 million dollars in the corresponding quarter, the royalties the state received are 15 million dollars.

The operating profit fell to 49 million dollars, a decrease of 4.4% from last year’s quarter. The gross profit amounts to 80.5 million dollars, an increase of 9.3% from the corresponding quarter, when the profit is 35.8 million dollars for a loss of 138 million dollars from the corresponding quarter.

Isramaku increased by 52.35% since the beginning of the year benefiting from the increase in the price of natural gas in the shadow of the war between Ukraine and Russia

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