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Chevron nears a final investment decision on capacity expansion of Leviathan natgas field

ReutersNov 5, 2025 11:44 AM

- Chevron CVX.N said on Wednesday it was nearing a final investment decision for a potential capacity expansion of the Leviathan reservoir off Israel's Mediterranean coast.

In August, the Leviathan natural gas field signed the largest export agreement in Israel's history, worth up to $35 billion, to supply gas to Egypt.

Chevron holds 40% of Leviathan and is the field's operator.

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