Report: Leviathan drilling postponed indefinitely

|By:, SA News Editor

Drilling at the Leviathan gas field offshore Israel, which was supposed to begin in December, has been postponed indefinitely, Globes reports.

Sources at Leviathan's partners, including Noble Energy (NBL -1.8%) and Delek Group (DGRLY -2.6%) say no decision had been made to postpone drilling, but other sources reportedly say investment in developing Leviathan - such as the tender for choosing a FPSO ship - has ground nearly to a complete halt.

Leviathan is estimated to contain ~19T cf of natural gas.