Israel’s Ministry of Energy ordered Chevron to suspend production at the Leviathan offshore gas field on Saturday. The directive followed a security recommendation issued as a precautionary measure, prompting the energy major to declare force majeure.
The Leviathan field is a primary energy source for Israel, Egypt, and Jordan. Analysts expect the suspension to disrupt regional export schedules and may require Egypt to increase liquefied natural gas imports to compensate for the shortfall.
Chevron confirmed that all personnel and facilities are safe as the company monitors the regional security situation. The operator has not specified a duration for the shutdown. It remains unclear if the suspension will impact the company's long-term export commitments.