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Israel-Palestine-Jordan
Leviathan gas find spurts optimism
2010-06-04
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, US oil operator Noble Energy Inc. said Thursday.

“Today is a day of celebration for all of us. The State of Israel is an energy independent country,' Yitzhak Tshuva, controlling shareholder of Delek Group, said Thursday. Delek is a partner in the Leviathan natural-gas find through its subsidiaries Avner Oil and Gas LP and Delek Drilling LP, who each own 22.67 percent.
Posted by:g(r)omgoru

#4  Blessed be Allah, huh, Paleos?
Posted by: Frank G   2010-06-04 18:38  

#3  Interesting timing on this since Turkey is one of Israel's main gas suppliers. Turkey was recently making noises about eliminating Israel from the Blue Stream 2 pipeline.

Now we get word of this major gas find, as if to tell Turkey "we don't need your stinking gas".

"the pipelines to bring that natural gas onshore are going to be many times more expensive than normal"

More expensive than the existing pipeline to Israel from Turkey? Why?
Posted by: crosspatch   2010-06-04 15:33  

#2  Now the Arabs will hate Israel even more, if such a thing is possible. The Paleos will demand a cut as well. Terrorism is expensive doncha know.
Posted by: Iblis   2010-06-04 13:00  

#1  Unfortunately, the pipelines to bring that natural gas onshore are going to be many times more expensive than normal because of the high security demands.
Posted by: Anonymoose   2010-06-04 09:21  

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