Bini Zomer

Gas from Israel's Leviathan could reach markets by late 2019: Company

Partners in Israel's Leviathan natural gas field could reach a final investment decision by the end of 2016 if government and regulatory approvals are granted as hoped, an official of the companies involved said.

That would enable the first gas from the field to reach markets by the last quarter of 2019, Bini Zomer, the Israel country manager for Noble Energy, said on Jan. 31.

US, Israeli gas field control nixed over monopoly fears

Israel's Antitrust Authority said Dec. 23 that U.S. giant Noble Energy and its Israeli partner Delek would not be able to continue holding offshore gas field Leviathan over monopoly concerns.

The decision, pending a confirmation hearing, effectively dismantles the monopoly held by Noble and Delek over Leviathan and Israel's smaller offshore gas findings.