Israeli government revenues from the offshore gas sector fell by 15% in 2025 as a stronger shekel, lower oil prices and temporary production outages outweighed the impact of another year of robust gas production.
The Ministry of Energy’s annual Natural Resources Administration report shows that royalties from hydrocarbons production totaled IS1.96bn ($568mn) in 2025, down from a record IS2.31bn ($619mn) in 2024 (see chart). Overall revenues from natural resources, including minerals and licensing fees, reached IS1.98bn ($574mn), bringing cumulative royalty collections since 2004 to IS17bn, excluding corporate taxes and the Sheshinski excess profits levy. (CONTINUED - 774 WORDS)
