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Annual value of state royalties from oil and gas production in Israel from 2018 to 2023 (in million Israeli shekels)

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Source

Release date

February 2024

Region

Israel, MENA

Survey time period

2018 to 2023

Supplementary notes

Currency conversion rate as of February 4, 2025 was 1 USD = 3.58 ILS.

Figures for 2018-2021 are derived from previous publications by the same source. 

Figures are rounded.

Citation formats

Petroleum and natural gas production royalties in Israel 2018-2023

Published by
Doris Dokua Sasu,
Feb 4, 2025

In 2023, the total value of state royalties from oil and gas production in Israel reached *** billion Israeli shekels, about *** million U.S. dollars. This reflected an increase of approximately ** percent compared to the previous year. Over the period observed, the revenue from oil and gas production royalties had a steady growth. 

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