US firm Noble Energy, operator of Israel’s two operating gas fields, 23tcf Leviathan and 11tcf Tamar, will continue to hold veto rights over gas sales from the latter until the end of next year under a ruling this week by Israel’s deputy attorney general and antitrust authority.
Noble, with 25% of Tamar and 39.66% of Leviathan, has been accused of favoring the latter in gas sales (MEES, 24 April), effectively stymying any attempt by Tamar’s minority partners to compete with Leviathan on price. (CONTINUED - 235 WORDS)
