The publication of the outline agreement, presented at a press conference in Israel by Energy Minister Yuval Steinitz and others, is the latest stage in a saga that at one stage put the US independent and its local partner Delek under threat of losing control of the giant gas find.

Under the outline agreement, the partners would be allowed to keep the holding in Leviathan, but they must sell down or in some cases sell off stakes in other smaller Israeli gas fields.

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