With these taxes payable to Israel (see Zion Oil's 2015 annual report), why would Israel want a partnership? They already own everything Zion Oil finds.
Royalty to Israel: 12.5%
Royalty to Israel Charity: 6%
Royalty to Senior Management: 1.5%
Tax on net profit from oil production: 44.56%
Tax on Corp profits earned in Israel: 25%
So as it is now, others get 90%, Zion Oil gets 10%, but has to pay all the bills. Bottom line, Zion Oil doesn't have much to offer a partner.
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