Israeli regulator opposes Noble, Delek control of Leviathan natural gas field

By REUTERS
December 23, 2014 10:56

 
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Israel's Anti-Trust Authority on Tuesday recommended the break-up of the "monopoly" of Noble Energy and conglomerate Delek Group for developing the huge Leviathan natural gas field off the country's Mediterranean coast.

It said commissioner David Gilo informed Israeli gas tycoon Yitzhak Tshuva, who has a controlling stake in Delek, about his decision, which is subject to state approval.

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