Reuters: Israel threatens to revoke Leviathan gas development deal

Israel's antitrust authority said Monday it may revoke an arrangement permitting an Israeli and a U.S. company to develop Israel's largest natural gas field by branding them a cartel.

The authority summoned representatives of Israel's Delek Group and Texas-based Noble Energy and told them it was "still considering to announce that buying Leviathan was illegal.

"We didn't make any decision today," an authority spokesman said after the meeting had ended.

Anti-trust authorities have been targeting the companies, which discovered the field and two others, after criticism that the firms have too much control of such valuable national assets.
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