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Chevron Resumes Leviathan Gas Production offshore Israel
Chevron has resumed normal production at the Leviathan gas and condensate field off the coast of Israel, weeks after a suspension due to the ongoing conflict with Iran. The production hiatus lasted 33 days, and operator NewMed Energy LP is considering seeking compensation from the State for the interruption. The field’s capacity has been upgraded to approximately 14 billion cubic meters annually, with plans for further expansion to 21 billion cubic meters by 2029 through the Phase 1B project.