Delek Drilling pays $153 mln in tax over Tamar stake sale

Delek Drilling has paid the Israeli tax authority $153 million in capital gains tax from the sale of its stake in the Tamar gas field.
By Staff reporter 3 August 2017 0 27046

Delek Drilling has paid the Israeli tax authority ILS 550 million ($153 million) in capital gains tax from the sale of its stake in the Tamar gas field to Tamar Petroleum.

The deal, which saw Delek and Avner sell 9.25% of their rights in the reservoir, was concluded a month ago.

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