Israel’s energy ministry on 9 May published details of commitments that it has agreed with the Leviathan partners, led by operator US major Chevron (39.66%), to safeguard domestic gas supply during the lifetime of the new gas export agreement with Egypt.
The conditions were attached to the 130.9bcm Israel-Egypt gas export agreement approved in December 2025, a deal estimated to be worth $35bn, depending on gas prices (MEES, 19 December 2025). (CONTINUED - 852 WORDS)