The last 2 years have seen blessings bestowed on the State of Israel with the discovery of massive natural gas fields in the Eastern Mediterranean by Texas based Noble Energy & Israeli consortium. Discoveries within arms reach of the Israeli coast and within our territorial waters. In 2009 the Tamar Israel discovery rippled across energy markets, Tamar discoveries can power 50% of Israel’s energy needs for the next 4 decades.
Now in 2010 a new unbelievably larger reserve named Leviathan may yield massive amounts of natural gas, estimated at possibly twice the size of Tamar! If Leviathan yields, it can transform Israel into a global energy exporter.
The Leviathan natural-gas site off the Haifa shore could be twice the size of the Tamar prospect, the largest gas discovery globally in 2009, and position Israel as a gas exporter in coming years. Today is a day of celebration for all of us. The State of Israel is an energy independent country.
Lebanon & Its Embarrassing, Ugly Islamic Step Child – Hezbollah
Of course, If Israel has it, you can rest assured Hezbollah wants to lay its greedy little Islamofacist hands on it. The exploratory permits licensed to Noble and its partners where these discoveries are being made are clearly off Israeli waters.
In: Other Middle East
Tags: israel lebanon, israel lebanon gas dispute, israel natural gas, middle east, israel lebanon war, hezbollah, idf, mediterranean sea, news, politics, israel's oil, oil, arabs, jews, the black gold
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