Paz Oil Company Ltd.

The biggest Israeli gas and energy supplier.

In May 2012, Paz extended its contract with the Palestinian Authority to supply petroleum to the West Bank and the Gaza Strip. The company supplies more then 50% of all the petrol consumed by the Palestinian Authority, which constitutes a captive market for Paz products. From 2007-2013, Paz was a major petrol supplier to the Israeli Army.

The company operates gas stations in illegal Israeli settlements in the occupied West Bank including Ma'ale Adumim, Kiryat Arba, Pisgat Ze'ev, Gilo, Karnei Shomron, and Ofra. In addition, the company operates gas stations in the illegal settlement of Argaman in the Jordan valley and in the occupied Golan heights.

Subsidiary company PazGas supplies cooking gas to illegal settlements including Ma'ale Adumim and the outpost settlement of Havat Maon in the occupied West Bank.

Stock symbols

TASE : PZOL
OTC : PZILY

Reasons included