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Analysis

Israel’s Leviathan gas deal: not out of the woods yet

In August 2015, after almost five years of negotiation, the Israeli Government announced it had reached a deal with a US-Israeli consortium to develop the Leviathan gas field, 80 miles off the coast of Israel. Since the deal was signed, the government has been accused of allowing a monopoly to take hold, which will mean higher energy prices for the average Israeli. After all this wrangling, will the deal hold up?

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