JERUSALEM, June 25 (Reuters) - Israel's NewMed

said on Wednesday the Leviathan natural gas field

that supplies gas to Egypt and Jordan, shut down nearly two

weeks ago due to the Iran-Israel conflict, would resume

operations in the next few hours.

Two of Israel's three gas fields - Chevron ( CVX )-operated

Leviathan and Energean's ( EERGF ) Karish - off its Mediterranean coast

that provide the bulk of exports to Egypt and Jordan have been

shut since June 13.

That left in operation only the older Tamar field, used

mainly for domestic supplies.

Israel and Iran agreed to a ceasefire on Tuesday. Israel's

Energy Ministry said that after a security assessment, Energy

Minister Eli Cohen had ordered the opening of Leviathan and

Karish.

The ministry said resuming regular operations at the rigs

will "enable the supply of natural gas to all customers", the

resumption of gas exports to neighboring countries, a rise in

state tax revenues, and greater flexibility in managing the

electricity and industrial sectors.

Israeli gas accounts for about 15-20% of Egypt's

consumption, data from the Joint Organisations Data Initiative

(JODI) shows. The disruption to Israel's gas supply had led

Egyptian fertilizer producers to halt operations.

Cohen told Reuters last week that Israel would resume

natural gas exports once the country's military deemed it safe

to do so.

Leviathan, a deep-sea field with huge deposits, came online

at the end of 2019 and produces 12 billion cubic metres of gas

per year for sale to Israel, Egypt and Jordan. That will rise to

some 14 bcm in 2026.

In addition to Chevron ( CVX ) and NewMed, Ratio Energies

is also a partner in Leviathan.