Delek and Noble, key partners in Israel’s Leviathan and Tamar offshore gas fields are taking steps to move forward with development, whether or not Australia’s Woodside takes a Leviathan stake. But their dominance in the Israeli gas sector has caught the attention of the antitrust authorities.

Israel’s privately-owned Delek Group, majority owner of Israel’s 19 tcf Leviathan field, this week raised $2bn through a bond to fund its share of development costs. (CONTINUED - 776 WORDS)