Yitzhak Tshuva

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.