Press for Conversion! (Issue # 67) Fall 201230

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In its2002 reportage,Israel’s Globesbusiness paper point-ed out that this was Isra-el’s largest fuel contract,“since the IDF is the country’slargest fuel consumer.” It alsonoted that Paz had already “suppliedthe IDF with fuel products for the past10 years.”

In 2007, Paz’s five-year tenderfrom “the Ministry of Defense for thesupply and distribution of fuel …[was]extended …until September 2012.”

Although Paz puts “the IsraelDefense Force, [and] the Israel Police”at the top of its list of customers, it alsoprovides unique command-and-controlsystems for municipal governments inIsrael, and large war industries like top-ranking Israeli weapons maker, ElbitSystems (see previous issue, pp.28-29)and El Al airline.

El Al, which Paz calls its “larg-est customer for jet fuel,” has – overthe decades – flown vast amounts ofUS munitions to Israel. In 2005-2006alone, El Al transported 17 millionrounds of US-made ammunition andthousands of cartridges, smoke gre-nades and detonators to Israel throughthe Netherlands and Belgium.

Another Paz client is YahavOranit, a private “security” firm basedin the West Bank. It provides armoredtransport, training and investigationservices to government and corporateclients. Besides the West Bank, it worksin Gaza, the Jordan Valley and border

region withLebanon. The

company’s largestcustomers include the

Israeli Army, the MizrahiTefahot Bank and Motorola.

(See pp.19 and 20-21.)The “Who Profits from the oc-

cupation” website notes that Paz hasgas stations in numerous West Banksettlements including Ma'ale Edomim,Kiryat Arba, Pisgat Ze'ev, Gilo, KarneiShomron and Ofra. And, Paz also hasa “monopoly over the sale of petroleumto the Palestinian Authority in the WestBank.” In addition, its PazGas subsidi-ary supplies cooking gas to illegal WestBank settlements such as Ma'aleEdomim, and an outpost settlementcalled Havat Maon.

ReferencesPaz Oil Company Ltdwww.equities.co.il/images/uploads/146/Paz%20Oil%20Q3-10.pdf

Pazomatwww.paz.co.il/en/pazomat.asp

“While bombs rain on Gaza, it rings the cashregister here,” January 8, 2009.www.actionpourlapaix.be/print.php?page=548,0,0,0,0,0,0,2

“Business in Brief,” Haaretz, August 20, 2002.www.haaretz.com/print-edition/business/business-in-brief-1.36470

“Paz wins NIS 1.5b IDF fuel products tender,”Globes, August 19, 2002.www.globes.co.il/serveen/globes/docview.asp?did=611893

2010 Annual Financial Statementswww.paz.co.il/pazUploads/final%20report%20to%20site2.pdf

Paz Oil, Who Profits databasewww.whoprofits.org/Search%20Results.php?sStr=paz+oil

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Israel’s most powerful energy com-pany is appropriately named be-cause although Paz translates as

“peace” in Spanish, it means “gold” inHebrew. Being the chosen fuel sourcepowering Israel’s military for at leasttwenty years, has allowed Paz to trans-mute the sought-after liquid gold intoliquid cash. The fact that Paz hascashed in on its facilities to refine, pro-duce, store, import and market petro-leum products, is evidenced in its ac-cumulated assets of US$3.3 billion.

In 2002, Israel’s Haaretz paperreported that Paz had landed a US$400million contract

“to supply fuel to the Israel DefenseForces [IDF] for a five-year period.Paz will supply gasoline, diesel, oil,jet fuel and other fuel products tothe IDF’s navy, air force and groundforces, as well as gasoline for the ar-my’s thousands of civilian vehicles.A portion of the hundreds of millionsof liters of fuel used by the army an-nually will be imported directly bythe IDF, using some of the U.S. mili-tary aid, while Paz will be responsi-ble for accepting, storing and dis-tributing the fuel.”

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