Israel's goof teaches lessons on energy royalties
Giving away energy resources too cheaply as Israel has done always gets governments in a pickle. Voters demand a better deal while firms balk at retroactive hikes. With energy prices out of the headlines, now is a good time to think about fixing flawed royalty structures.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.