An Increase in the Levy on the Tamar Gas Reservoir Hurt Tamar Petroleum's Results.

The company holds 16.75% of the reservoir, and due to an increase of NIS 8 million in payments to the Wealth Fund, net profit in the first quarter fell by 37% to $10.3 million; 37% of the revenues from the sale of gas from the Tamar reservoir went to the Israel Electric Company; exports to Egypt accounted for about 39% of the company's revenues