Israel - Oil Refineries Medal 1978 - 59 m"m

Israel - Oil Refineries Medal 1978 - 59 m"m Official Award Medal, 5738-1978 The foundations for the Haifa Refineries were laid by the Anglo-Iranian Oil Corporation in 1938. In 1959, ownership was transferred to the Israel Government and since then much has been done to increase production and improve product quality. The Haifa Refinery served as a base for establishing auxiliary industries. With the rise in fuel consumption, another refinery was built in Ashdod. To mark the 40th year of the establishment of the Haifa Refinery, a special medal was issued. Obverse: In the centre, the refinery. On the rim, a citation: "Purified Seven Times", Psalms 12:7. Reverse: In the centre, two storage tanks can be seen behind a brick wall. An inscription: "Oil Refineries Ltd." in Hebrew and English. Silver 935, 115 grams