VOL. XLIV

No. 26

25-June-2001

ISRAEL

Yam Thetis Faces Uphill Struggle On Mari Gasfield After Pipeline Ruling

Israels Yam Thetis Group, which announced a $235mn plan to develop the offshore Mari gasfield in mid-May Israels largest ever oil or gas development could faces delays to its development plans after the High Court rejected the groups petition to take part in building pipeline transmission infrastructure. Justice Mishael Cheshin ruled that the Oil Commissioners decision to reject Yam...