Noble says it has ‘line of sight’ on how it will achieve the 1bn cfd start-up sales target on which its recently-sanctioned Leviathan field depends. This looks optimistic, especially with an upstart rival developer threatening to undercut it on price.

Texas-based Noble Energy, operator of Israel’s flagship 22 tcf Leviathan offshore gas development, says it has “up to 525mn cfd” of gas sales deal in place, with “pretty clear line of sight” on getting...