[[Zion Oil & Gas]] was the first new IPO listing of 2007, and the CEO and director were given the honor of ringing the AMEX bell in New York on the first day of 2007 trading, just as they recently did when listed on the NASDAQ.<ref>Zion Oil & Gas, [http://www.zionoil.com/company-history "Company History"], Zion Oil & Gas website, accessed September 2009.</ref> Israel imports most of its oil from Russia and the Caspian region via the BTC pipeline.<ref>Amazon Answers, [http://askville.amazon.com/Israel-obtain-oil/AnswerViewer.do?requestId=5521710 "Where does Israel obtain its oil?"], ''Where does Israel obtain its oil?'', Nov 11, 2007.</ref><ref> {{cite web | author = BBC News | url = http://news.bbc.co.uk/2/hi/europe/5175676.stm | title = "Caspian Pipeline is Declared Open " | publisher = BBC News | date = July 13, 2006 .}} </ref>
==Background==