Geologist Who Lost Out on Israeli Natural Gas Share Awarded NIS 50m in Compensation

After a three-year legal battle, a judge ruled Beny Steinmetz must pay former business partner Yossi Langotsky NIS 50 million compensation for causing him to lose his share in Israel's Tamar and Dalit gas prospects.

Jul 04, 2013 4:29 AM

The geologist behind Israel's offshore natural gas field discoveries will be receiving NIS 50 million in compensation after a failed business partnership caused him to lose his share in the fields.

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