Israel's Leviathan Gas Field Restarts Production After Conflict Disruption
Gas productions at Israel's Leviathan field preparation for restart following halt due to military conflicts.
Fasten your seatbelts, folks! The Leviathan natural gas field in the eastern Mediterranean Sea, which supplies gas to Egypt and Jordan, is about to crank up once again. Following a two-week shutdown due to the Palestine-Israel conflict in June 2025, operations are set to kick off within the next few hours, according to NewMed Energy (OTCPK:DKDRF).
This shutdown didn't just disrupt gas exports to our pals in Egypt and Jordan, but it also forced Israel to rely on diesel for domestic consumption. Chevron-operated (NYSE:CVX) Leviathan, Energean's (OTCPK:EERGF) (OTCPK:ENOGY) Karish, and Tamar were the only offshore gas fields affected. Only the Tamar field, used for domestic supplies, remained operational during the chaos.
After a thorough security assessment, Israeli authorities have given the green light for both the larger Leviathan field and the smaller Karish field to restart. Expected gas exports will resume as a result. By 2026, Leviathan is projected to produce a whopping 14B cm of gas for sale, with around a third going to Israel and the rest being exported to Egypt and Jordan.
Ratio Energies (OTC:RTEXF) partners Chevron (NYSE:CVX), NewMed (OTCPK:DKDRF), and Energean in the Leviathan project. With the conflict behind us, they're ready to get back in the game and restart production. NewMed, as the field's largest shareholder, is also reportedly seeking compensation from the Israeli government for losses suffered during the shutdown.
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Now, watch as Israel and the Palestinian territories navigate the complex dance of energy politics, dealing with regional agreements, geopolitical risks, and the mighty Leviathan once again providing the lifeblood of their industries. Buckle up for an exciting ride!
- The Leviathan natural gas field, a significant player in Israel's oil-and-gas industry, is preparing to increase production following a disruption caused by the Palestine-Israel conflict in June 2025.
- Upon resumption of operations, the Chevron-operated Leviathan field, alongside Energean's Karish and Tamar, will once again supply gas to both the domestic Israeli market and export markets in Egypt and Jordan.
- By 2026, the Leviathan field is expected to produce a substantial amount of gas for sale, with potential investments in the project from companies like Ratio Energies, Chevron, NewMed, and Energean.
