It's under license of the PA and Israel.Originally Posted by Xav
Two gas deposits were discovered offshore Gaza in their maritime zone, containing some 1.3 tcf of gas. I think nobody want to have to pay royalties to Hamas so the fields just remains unexploited.
Last edited by Ren987; 06-06-2010 at 01:08 PM.
Well, no surprise here.
Next up, Israel stealing Lebanese air, full article soonReport: Israel stealing Lebanese gas
As-Safir analyst says newly discovered Leviathan gas site extends into Lebanese territorial waters, believes Lebanon will defend its rights at site, meaning affair could lead to new conflict between Israel, its northern neighbor
Roee Nahmias
Published: 06.08.10, 16:05 / Israel News
Days after a major natural gas find was reported at the Leviathan site off the coast of Haifa, elements in Lebanon were quick to claim that Israel is stealing the gas from its neighbor to the north.
Moussa, whose report appeared on the front page of the newspaper under the headline: "Israel preparing to steal gas fields in Lebanon's waters", goes on to say, "If these preparations and studies are true – the region will quickly turn into a new conflict between Israel and Lebanon, which will defend its rights in the water.
Brassing hot air again. If one could invent a micro-turbine capable of harnessing that hot air and transforming it into electricity, they would make a fortune.Report: Israel stealing Lebanese gas
Damn, is there anything Israel has not stolen yet according to Lebanon?
naa.. I'm pretty sure every material substance has, at one point or another, claimed to be stolen from them by Israel.
You'd think that we'd be richer than half the world by now, with all the sh*t we're allegedly stealing.
No man, the organ market was hit hardest from the recession.
But we're digressing, we should leave the OT out.
Hizbullah claims that that the natural gas fields recently discovered in the Mediterranean, belong to Lebanon and warned Israel against extracting gas from them. Iranian English language paper "Tehran Times" quotes Hezbollah's executive council chief Hashem Safieddine as saying that it would not allow Israel to loot Lebanese gas resources.
http://www.google.co.il/url?url=http...IuAwLGnIrlcDvQ
Seems I was right after all...
Those Israeli gas facilities in the seas are guarded to the bone.
Hope Hizballah doesn't try something out..
I hope they are prepeared for the mighty fleet of the all mighty Iranian stealth plasma submarine lazer jet fighters
You forgot the aircraft carrier component!!!!
Landau Says Israel Could Use Force to Shield Gas Find
By Jonathan Ferziger and David Wainer
June 24 (Bloomberg) -- Minister of National Infrastructures Uzi Landau said Israel is willing to use force to protect off- shore natural gas finds after the speaker of Lebanon’s parliament said the fields extended into his nation’s waters.
“We will not hesitate to use our force and strength to protect not only the rule of law but the international maritime law,” Landau, 66, said in an interview yesterday at his Jerusalem office when asked about Lebanese claims. “Whatever we find, they will have something to say. That’s because they’re not challenging our findings and so-called occupation of the sea. Our very existence here is a matter of occupation for them. These areas are within the economic waters of Israel.”
Israel, which is seeking to wean itself off oil and coal imports from as far away as Mexico and Norway, has said the Leviathan and Tamar fields may allow it to start exporting gas. The discoveries also have prompted talks with Cyprus to seek clarification on maritime boundaries. Israel and Lebanon are technically at war and have no diplomatic relations.
Lebanon’s Parliament Speaker Nabih Berri said that Israel is “ignoring the fact that according to the maps the deposit extends into Lebanese waters,” Agence France-Presse reported on June 9.
Noble Energy Inc. and Israeli companies controlled by billionaire Isaac Tshuva, say the gas finds in the past 18 months may hold 24 trillion cubic feet of gas, more than twice the U.K.’s gas reserves. Leviathan lies about 130 kilometers (81 miles) off Israel and Tamar 90 kilometers, according to Landau’s ministry. Delek Drilling-LP, one of Noble’s partners, said June 15 that the licenses are in waters where Israel has authority.
Delek rose as much as 1.7 percent today in Tel Aviv to 11.28 shekels and was trading at 11.21 shekels at 10:20 a.m. The stock has doubled in the past 12 months.
Stock Trading
Noble fell 65 cents, or 1 percent, to $62.41 in yesterday’s trading on the New York Stock Exchange. It has gained 9 percent during the past year.
Lebanese Energy Minister Gebran Bassil said June 17 his country “will not allow Israel or any company working for Israeli interests to take any amount of our gas that is falling in our zone.” He said Noble was warned not to work close to Lebanon’s economic zone.
Bassil said Lebanon’s government and lawmakers “should move quickly on starting the exploration of offshore gas.”
Israel is working on an agreement with Cyprus over the two countries’ maritime borders, Landau said. There is no dispute with Cyprus over Israel’s rights to the Leviathan gas exploration site and the Tamar field, said Landau, who last year left the ruling Likud party to join the Yisrael Beitenu party led by Foreign Minister Avigdor Lieberman. The group is the second-biggest party in the ruling coalition.
Landau said Israel and Cyprus are “in close touch” about the gas fields.
Could? Are they ridiculous? They WILL use force against anyone coming near.
I do think Landau made his point clear enough :
Israel will not hesitate to use force to protect its gas fields from being claimed by Lebanon, Infrastructure Minister Uzi Landau warned this week in an interview with Bloomberg News.
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