Israel: Leviathan Development Set For Further Delays Following Anti-Trust U-Turn

Israel’s Antitrust Authority has reversed a decision taken last March to allow Houston-based Noble Energy and Israel’s Delek Group, majority stakeholders in around 40 tcf of natural gas discoveries offshore Israel, to keep hold of both the giant 22 tcf Leviathan field and the 10 tcf Tamar field.

Anti-trust Commissioner David Gilo labelled the firms, which operate all of Israel’s major...