ISRAEL
Woodside’s Leviathan Stake Ups Gas Export Pressure On Israel
The sale of a 30% stake in Israel’s 16 tcf Leviathan gas field to Australia’s Woodside has upped pressure on Tel Aviv to adopt the pro-export recommendations of the Zemach Committee. Woodside is expected to pay a total of $2.5bn for its 30% stake over the project’s duration and will take over the operational control of the field’s LNG exports, which are scheduled to...
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