Bloomberg reported that Noble Energy’s CEO, Charles Davidson, has said that re-investment in Israel is a possibility if the government was willing to discuss tax rates on natural resources.
Bloomberg reported that Noble Energy’s CEO, Charles Davidson, cautions Israel on re-opening a discussion on natural resources tax.
As quoted in the market report:
Davidson, who is also the chairman of Noble, said he has not received any indication that the tax issue would be reopened. “We continue to invest because I believe the matter is closed,” he said at a press conference today at the company offices in Herzliya Pituach, Israel. “If it were to be reopened we would have to reconsider everything we are doing.