A PYMNTS Company

Israel: Possible monopoly in natural gas field concerns Antitrust Authority

By  |  March 6, 2013

As reports are emerging that Israel’s Antitrust Authority may soon declare the partners in the nation’s largest natural gas field a monopoly. According to reports, the Authority is to determine whether partners – including Delek Group Ltd., Avner Oil Exploration LP and Noble Energy Inc. – constitute a cartel in their share of the gas field Leviathan. Analysts say if the partners are found to hold a monopoly, regulators may force divestment of holdings in Leviathan on to the partners. The result, however, will likely end in a compromise, say analysts.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: Bloomberg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.