Is the Leviathan Gas Field a Sure Thing or a Whale of a Problem?

When the large Leviathan offshore natural gas field was discovered off Haifa in 2010, its partners couldn’t conceal their glee. Although gas estimates for the site have risen since, so have the problems - both political and logistical.

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Three years ago, Yitzhak Tshuva took to the stage at the high point of an investors’ conference organized by Phoenix insurance. The principal owner of Delek Group opened his remarks with the sheheheyanu...