Israeli Gas Explorers Slide as Giant Egypt Field Eyes 2017 Start

  • Delek Group slides to lowest level in more than two years
  • Psagot says neighboring find could hit Israeli exports

Shares of Delek Group Ltd. and its oil- and gas-exploring units slid in Tel Aviv after Eni SpA said it was seeking to start production from a large Egyptian gas find as soon as 2017, two years before the target for Leviathan, Israel’s largest field.

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