Woodside uncertain on Israeli gas

Struggle for control of gas reserves has delayed Woodside's proposed deal.

A struggle for control over Israel's gas resources has delayed Woodside Petroleum's (WPL) proposed acquisition of a 30 per cent stake in the Leviathan field, The Australian Financial Review reports.

According to the newspaper, the $US1.3 billion ($A1.39 billion) deal is yet to be completed almost a year after its announcement as debate continues over how much gas Israel should keep for local use and how much it is worth.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles