Monday, April 11, 2011

Gas in Israel

The Next Big Lebanon-Israel Flare-Up: Gas: For most countries, the existence of a massive fossil-fuel deposit within its sovereign territory would be gratefully welcomed as an economic windfall. But the delight in Israel at the recent giant gas discovery off its northern coastline is tempered by the knowledge that it could provide the spark to ignite the next war between the Jewish state and its mortal foe to the north, Lebanon's militant Shi'ite Hizballah. 


Related articles on the gas drilling in Israel
Israel Discovers Gas!: The Houston-based Noble Energy company, drilling for Israel’s Delek fuel company, announced that it has discovered a huge deposit of natural gas under the Mediterranean Sea near Haifa. Read more>>

Israel Drills Big Gas Prospect: Oil companies in Israel, led by Texas-based Noble Energy Inc. this week are expected to start drilling one of the world's most promising natural-gas prospects of recent years, according to executives. Read more>>

Lebanon asks UN to guard gas from Israeli drilling: Lebanon has asked U.N. Secretary-General Ban Ki-moon to ensure that Israel's plans to drill for gas in the Mediterranean do not encroach on its own offshore reserves, the National News Agency said on Tuesday. Read more>>

UN refuses Lebanon request to intervene in Israel gas drilling
Lebanese FM urged Ban Ki-moon to prevent Israel from exploiting Lebanon's maritime wealth, but UN spokesman says it won't demarcate border. Read more>>

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