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    Jerusalem Post: Energy Ministry slams Antitrust Commissioner for delaying Leviathan development

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Summary

Freezing the development of the Leviathan natural-gas reservoir could have serious geopolitical and fiscal implications for Israel

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Press Notes

Jerusalem Post: Energy Ministry slams Antitrust Commissioner for delaying Leviathan development

Freezing the development of the Leviathan natural-gas reservoir could have serious geopolitical and fiscal implications for Israel, according to National Infrastructure, Energy and Water Ministry director-general Orna Hozman-Bechor.

She wrote a letter to Israel Antitrust Authority commissioner David Gilo on Wednesday night in response to his announcement earlier this week that a proposed consent decree regarding the entry of the Delek Group and Noble Energy into Leviathan would not be submitted to the Antitrust Tribunal for approval.

Arguing that “no changes in the circumstances have been presented to justify the move,” Hozman-Bechor stressed that the changes could cause “significant and fundamental harm to the energy sector in Israel.”

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