Article

2015-12-17 The Grand Turk

A lot of economic sense for Israel to export gas to Turkey

It makes a lot of economic sense for Israel to export gas to Turkey, since the current crisis between Turkey and Russia will definitely lead to some negative economic consequences for Turkey, Australian writer and international political expert Justin Amler told Trend.

The crisis is relations with Moscow could lead to a shortfall in energy supplies to Turkey from Russia, he said, adding that Israel, with its close proximity, is in a perfect position [for exporting gas to Turkey].

“As a result of this crisis, you will likely see a softening in Turkey’s position towards Israel,” said Amler.

Ideology trumps economics for people like Erdogan...

What is the prescribed relationship between the Master Religion and the Peoples of the Book? President Erdogan can't help himself.

After the deterioration of relations between Moscow and Ankara due to the downed Russian SU-24 bomber, Turkish media said that Turkey and Israel will restore their bilateral relations. Turkey’s Foreign Minister Mevlut Cavusoglu even confirmed the fact of secret talks with Israel.

Israel’s Prime Minister Benjamin Netanyahu emphasized the possibility of supplying Israeli gas to Turkey and said this factor can “change the relations between the two countries.”

Israel’s gas reserve reaches a trillion cubic meters, according to various estimations. As much as 620 billion cubic meters of this volume accounts for Leviathan field, 303 billion cubic meters – Tamar field and 58 billion cubic meters - two smaller fields located next to it.

According to The Times of Israel on December 14th, Israel was lukewarm to this overture, such as it was, though perhaps things have changed in the interim:

Israel lukewarm to Erdogan overture: ‘Ball is in Turkey’s court’
After Turkish president talks of normalization, Jerusalem notes Israel has apologized for 2010 naval raid, while Ankara continues to insist on ending Gaza blockade

Posted by Steve White 2015-12-17 00:00|| || Front Page|| [11132 views ] Top

#1 A lot of ~~economic~~ sense for Israel to ~~export~~ expel gas towards Turkey

Posted by Skidmark 2015-12-17 01:13|| 2015-12-17 01:13|| Front Page Top

#2 Makes business sense, normalizes relations with Turkey, reduces Russian influence, yeah, it all sounds nice. Except that Israel and Russia seem to have an understanding about who is bombing who and/or festivities near Israel's border. Be a shame to lose that.

Plus we have yet to see any sign of Putin's retribution for the downed jet. Whatever Erdogan has to offer, Putin can offer the Israelis more. (for the record, I have not in any way mentioned traditional Turkish duplicity)

Posted by SteveS 2015-12-17 02:15|| 2015-12-17 02:15|| Front Page Top

#3 Short term economic sense.

Posted by g(r)omgoru 2015-12-17 05:16|| 2015-12-17 05:16|| Front Page Top

#4 It would be better for Israel to enter the spot market in SE Asia, little politics and plenty of money and avoid the lunatic Turks.

Posted by BernardZ 2015-12-17 06:09|| 2015-12-17 06:09|| Front Page Top

#5 According to the Jerusalem Post, the two countries are approaching normalizing relations. But one of the stipulations is that Turkey has to give up allowing terrorists to operate there, so probably that will blow up before very long.

Posted by trailing wife 2015-12-17 14:08|| 2015-12-17 14:08|| Front Page Top

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