Ruling clears obstructions to Leviathan development offshore Israel

Offshore staff

TEL AVIV, Israel – The Supreme Court in Israel has rejected petitions concerning the government’s decision to adopt the Zemach Committee recommendations for exports of natural gas.

Delek Group, a partner in the variousdeepwater gas discoveries in the Levantine basin, welcomed the ruling, adding that it would now focus on advancing development of the 19-tcf (538-bcm) Leviathan field.

TheNoble Energy-led partnership is examining export options to various countries in the Mediterranean region through a pipeline, LNG facilities, and/or FLNG. In addition, they are continuing negotiations that could bring Woodside Petroleum onboard as a participant.

12/2/2013