Published On:
Thu, May 7th, 2015
Regulators form final gas monopoly compromise
The state is abandoning the requirement of separate marketing of natural gas from the Leviathan reservoir.
Three months after the state presented its compromise formula for generating competition in the natural gas sector to the partners in the Leviathan gas reservoir, it has come up with a second formula in the hope that this one will be final.
The new format makes no structural change in the Leviathan reservoir, and the partners in it, Nobel Energy and Delek Group Ltd. (TASE: DLEKG), will not be required to compete with each other in selling gas from it (no separate marketing)… [READ MORE]
Read more about: Business/Finance, Delek, Delek Group Ltd, Delek Group Ltd. (TASE: DLEKG)., Economy of Israel, environment, Israel, Leviathan, Natural Gas, Nobel Energy, Reservoir