Haaretz: Israeli government's new estimates: No need for gas from Leviathan till 2020

The government’s latest forecast for domestic natural gas consumption, which have not been revealed until now, says Israel won’t need natural gas from the giant Leviathan field until 2020 or thereabouts, TheMarker has learned.

The revised estimate comes amid lower-than-expected consumption of natural gas by the state-owned power monopoly Israel Electric Corporation and big industrial users.

The new estimates were leaked days after Antitrust Commissioner David Gilo took the industry by surprise and said he was voiding an agreement he made with Leviathan’s controlling partners — Delek Group and the U.S. company Noble Energy — that would have enabled them to retain their near-monopoly in natural-gas production.
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