Gross sales revenues from Israel’s three producing fields increased by 44% sequentially to $1.46bn in Q2, MEES calculations based on company filings show. Gas sales generated around $1.32bn, with crude and condensate contributing another $143mn. This was the second highest quarterly figure on record.

The gains were enabled by a combination of increased volumes (MEES, 18 September) and high export prices. (CONTINUED - 797 WORDS)