BDS Fail: Investors Pledge $3.75 Billion to Develop Israel’s Leviathan Gas Reservoir

The Jerusalem Post reports: The announcement that that the partners of the Leviathan gas reservoir will invest $3.75 billion in its development is a devastating blow to the BDS movement, Eli Groner, director-general of the Prime Minister’s Office, told The Jerusalem Post on Thursday.

The development of Leviathan, which is scheduled to take about three years, is both the largest energy project and financial investment in Israel in the country’s history.

Groner hailed Thursday’s final investment decision (FID) for ending years of bureaucratic squabbles that all but froze Israel’s natural gas sector, the country’s largest resource, is officially on the road to development.

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