Gas field

Leviathan

Israel (offshore Mediterranean). ~605 bcm reserves.

Updated April 2, 2026 · View on the live map →

Overview

Israel (offshore Mediterranean). ~605 bcm reserves. Chevron-operated (acquired Noble Energy). ~12 bcm/yr. Exports to Egypt and Jordan. Discovered 2010.

Geopolitical context

Leviathan transformed Israel from an energy-dependent state into a gas exporter, fundamentally altering its regional relationships. Gas exports to Egypt and Jordan created the first significant commercial ties between Israel and Arab states — predating and arguably enabling the Abraham Accords (2020). Chevron's operatorship (via its Noble Energy acquisition) gives the US major direct commercial interest in Eastern Mediterranean stability. Gas export revenues reduce Israel's current account deficit and provide diplomatic leverage. The Israel-Gaza war has raised security concerns about offshore platforms, and Hezbollah has threatened to target energy infrastructure.

Recent developments

February 28, 2026 · military confirmed

US-Israeli strikes on Iran; IRGC declares Strait of Hormuz closed

After US-Israeli strikes that killed Supreme Leader Ali Khamenei, the IRGC broadcast that no ship may pass the strait; by 2 March it limited passage to Iran-approved vessels. Major carriers suspended transits and war-risk premiums jumped. Before the war about 20 mb/d of oil (around a quarter of seaborne oil trade) and almost 20% of global LNG trade passed through Hormuz (IEA, based on Kpler). Israel shut the Leviathan and Karish gas fields as a precaution.

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