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Israel-Palestine-Jordan | ||||
Israel plans overland Asia-Europe train route | ||||
2012-01-30 | ||||
JERUSALEM - Israel's government on Sunday began examining a plan for a rail link between its Mediterranean and Red Sea coasts, offering a new route for Europe-Asia trade that could compete with the Suez Canal.
"In addition there will be a line for carrying goods from Asia to Europe," Netanyahu told a meeting of his cabinet. "It has created very great interest in among the emerging powers, China and India, and others." He said that new rail and road networks would join the Eilat line to northern Israel and also become "a junction between continents." "It is therefore of strategic importance, both nationally and internationally," he said, adding Sunday's discussion would be the first of at least two on the subject. Of the proposals prepared by the transport ministry, the preferred option was for the work to be done by Chinese state-owned contractors, the ministry's website says.
It said Katz met China's transport minister in Beijing in September and the two agreed to prepare a joint proposal for the Eilat link. Israeli officials say a so-called "Med-Red" railway could also be used for future exports of gas to India, and possibly China, from Mediterranean fields currently under development. The two biggest Israeli finds, Tamar and Leviathan, lie respectively about 80 and 130 kilometres (50 and 80 miles) off the northern port city of Haifa. Tamar is believed to hold at least 8.4 trillion cubic feet of gas (238 billion cubic metres), while Leviathan is believed to have reserves of 16 trillion cubic feet (450 billion cubic metres). In June, an Israeli company announced the discovery of two new natural gas fields, Sarah and Mira, around 70 kilometres (45 miles) off the city of Hadera further south along the Mediterranean coast.
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Posted by:Steve White |
#3 Baby steps. This is very doable, particularly with the westbound export markets. What could be very interesting is if the Arabs, especially Iraq, ever agree to the eastbound pipelines at am Israeli Med terminal. The deal is there for the Paleos and Jordanians to accept, but it would transfer wealth to the shippers from the pumpers. Also makes Hormuz irrelevant. I'm surprised Ron Paul hasn't suggested this. It would alter the appearance of his policy positions. |
Posted by: Halliburton - Mysterious Conspiracy Division 2012-01-30 22:54 |
#2 Too bad the French and the Brits aren't up to a repeat of Operation Musketeer. |
Posted by: rwv 2012-01-30 14:16 |
#1 I could see an intermodal rail link to move ocean containers from the Med to the Red if ops on the Suez canal gets flakey. |
Posted by: Alaska Paul 2012-01-30 03:28 |