Chevron Corp, leading the Leviathan consortium, has finished building a third pipeline from the Leviathan gas and condensate field offshore Israel to its production platform.
The project also included upgrades to the platform, boosting Leviathan’s gas output to roughly 14 billion cubic meters (494 billion cubic feet) per year, according to co-venturer NewMed Energy LP.
The announcement came a day after NewMed confirmed a temporary halt in Leviathan’s production, ordered by Israel’s Energy and Infrastructure Ministry due to the ongoing conflict with Iran.
The consortium has declared force majeure following the suspension. Leviathan supplies gas domestically and to Egypt and Jordan.
The third pipeline, part of Phase 1A, faced delays from previous regional conflicts, originally planned for completion in mid-2025. Leviathan began production in December 2019 and was discovered in 2010 off the coast of Haifa.
Looking ahead, the consortium approved a $2.36-billion investment for Phase 1B, set to increase production to 21 billion cubic meters annually by the second half of 2029.
This stage includes drilling three additional wells, adding subsea systems, and expanding platform processing facilities. A second expansion phase could raise capacity to 23 billion cubic meters, pending regulatory approval and further investment in a fourth pipeline.
Chevron Mediterranean Ltd operates Leviathan with a 39.66% stake, while NewMed holds 45.34%, and Ratio Energies LP owns 15%.








