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CJ

ISRAEL GAS and OIL




ISRAEL GAS

EU should buy gas from Israel
April 7, 2014  Israel gas more attractive amid Ukraine crisis

The political crisis in Ukraine has further encouraged the belief that Eastern Mediterranean natural gas will play a key role in diversifying Europe energy supply and loosening Russian grip over its natural gas market. Israel in particular has made important offshore gas discoveries that could potentially be directed towards a Europe looking for ways to reduce its dependence on Russia.

With substantial discoveries off its shores, Israel has the ambition to satisfy some of Europe’s gas needs. The Tamar field located in Israel’s EEZ 80 kilometers west of Haifa was discovered by Noble Energy in 2009. The field has gross mean resources of 10 trillion cubic feet (tcf) of natural gas and came online in 2010. With gross mean resources of 19 Tcf, the Leviathan field represents the largest exploration success in Noble Energy’s history. It was  discovered in 2010 about 135 kilometres from the Israeli port city of Haifa in waters 1,600 metres deep. Gas production from the Leviathan is expected by 2017-2018.

Noble Energy has also made a natural gas discovery offshore Cyprus. The Aphrodite field was discovered in late 2011. The Cypriot government had high hopes that substantial amounts of natural gas in the Aphrodite field in Block 12 of Cyprus’ EEZ would allow it to build an LNG terminal in its Vasiliko coastal site. In October 2013, Noble made an announcement following its appraisal drilling downsizing the field to a range of 3.6 tcf to 6 tcf with a gross mean of 5 tcf, less than earlier tests had suggested. The revised estimates and Israel’s uncertainty around its export options led the Cypriot LNG plan to be put on hold until further exploration activities in Cyprus’ waters commence.
http://www.naturalgaseurope.com/eastern-mediterranean-ukraine-crisis


Israeli gas could benefit EU
Gas exports from Israel to Europe would be “nice to have, but Europe will remain very dependent on Russian gas
http://www.jpost.com/Enviro-Tech/...ence-on-Russia-experts-say-344624

The European Union, which is trying to reduce its dependence on Russia for gas and diversify its supply sources, is eyeing Israel as a likely alternative and has proposed linking it to the Trans-Adriatic Pipeline
http://www.platts.com/latest-news...els-gas-supply-via-trans-26007931

The Strategic Impact of Israel's Export of Natural Gas
Israel will become a net exporter of gas.
http://www.jewishpolicycenter.org/4064/israel-natural-gas-export

Egypt to buy Israeli gas via Greek Cyprus
Egypt may be looking to purchase Israel natural gas via Greek Cyprus in return for Israeli use of an Egyptian liquification plant.
http://www.worldbulletin.net/?aType=haber&ArticleID=123968

THIS thread is for Israel Gas and its deals with other nations

Israel, Cyprus, Turkey Gas, oil War in Mediterranean
I began this January 2012 for the war over gas - hook in jaw?
http://cj.myfreeforum.org/about2681.html

Ukraine
http://cj.myfreeforum.org/about137.html


              Posted   <*))))><   by  

ZionsCRY  NEWS with Prophetic Commentary
http://cj.myfreeforum.org/forum10.php


BornAgain2

New-found Israeli gas to bring political benefits
4/14/14

Israeli gas wealth could improve regional relations but will likely deprive Europe of new, alternative supply for Russian imports. Israel's drive to export its new-found natural gas could help to rebuild strained ties with old regional allies Egypt and Turkey, but could deprive Europe of a precious alternative to Russian gas.

Israel has in recent months already signed energy deals with Jordan and the Palestinian Authority, though relations with the Palestinians are at a low ebb, and now needs to expand its export horizons to cash in on its huge energy discoveries. If all goes well, the latest developments could see first pipelines being laid between Israel and Turkey as soon as 2015. Gas cooperation between Israel and Egypt is also on the agenda, which would allow export access to Asia's major markets.

A growing population and soaring demand have left Egypt's own liquefied natural gas export (LNG) plants in need of new supply, as domestic shortages eat into seaborne exports through the Suez Canal to the world's most lucrative market in Asia. This has put Israel's previous plans to pump its gas reserves into a future export plant in Cyprus on the back burner, dealing a major blow to the indebted Mediterranean island's ambitions to become a global player in the gas market.

A Cypriot LNG export plant was due to deliver at least 5 million tons a year to Europe and Asia, allowing Europe to reduce its growing dependency on Russia, which has become of particular concern since the crisis in Ukraine cast a Cold War chill over East-West relations.

more:
http://www.ynetnews.com/articles/0,7340,L-4510053,00.html
CJ

Australia quits Israeli gas deal
May 21, 2014
Australian energy giant Woodside Petroleum pulled out of the massive Leviathan gas joint venture off the coast of Israel.
Woodside Petroleum was to take 25% stake in Leviathan project, run all downstream gas production.
Woodside chief executive Peter Coleman said negotiations failed to reach an acceptable outcome.

“I would like to acknowledge and thank the Leviathan Joint Venture participants and the Israeli government for working with us.”
Talks were drawn out as the Israeli government drew up a policy for gas exports. It finally approved the export of up to 40% of what it extracts from Leviathan and another field, Tamar, off its Mediterranean coast.
http://www.timesofisrael.com/aust...-pulls-out-of-israeli-gas-venture


Israel Gas Sales to Egypt
August 21, 2014
One-time enemies Egypt and Israel are negotiating gas deals that may mean the sale of $60 billion in Israeli natural gas to Egypt.
Noble Energy Inc. (NBL) and Israel Delek Group (DLEKG) plan to deliver gas from the Tamar and Leviathan offshore fields to LNG facilities in Egypt Damietta port and the coastal town of Idku. Executives said this week they expect to finalize the agreements by year-end.
http://www.bloomberg.com/news/201...arket-via-pipelines-to-egypt.html
http://mobile.bloomberg.com/news/...arket-via-pipelines-to-egypt.html
CJ

Israel natural gas deal with Jordan
Sept 4, 2014  
Israel will sign a $15 billion deal to supply
natural gas from its Leviathan field to Jordan for 15 years.
http://www.israelhayom.com/site/newsletter_article.php?id=19857


Israel's Natural Gas Fields
Sept 30, 2014  
30 years ago an oil rig was erected in the Mediterranean just south of Haifa by an American Christian company.  (Zion Oil & Gas)
The CEO was certain he’d find huge quantities of oil beneath the western border of that tribes ancient territory. (Deut. 33:24)

15 years later, Israel discovered vast natural gas fields in the depths of the Mediterranean.
The Leviathan field is the largest.
http://www.israeltoday.co.il/NewsItem/tabid/178/nid/25370/Default.aspx
BornAgain2

Exclamation

http://news.yahoo.com/israel-beat...rought-water-spare-230154111.html
How Israel Beat a Record-Breaking Drought, With Water to Spare
10/6/14

AUSTIN, Texas—Israel is a desert country suffering through a devastating drought. And it has so much water it’s considering exporting the excess.

How Israel went from being chronically water stressed to banking water surpluses offers lessons for the United States and other drought-stricken regions of the world.

“Israel has been in drought since forever,” Arie Brish, a consultant to Israeli water authorities, said at a presentation at the SXSW Eco conference on Monday. “Today, most people in Israel, when they start their shower, there’s a pot to collect water and they use that water to water plants at home. It’s showers to flowers.”

The country also uses drip irrigation to send water directly to the roots of crops rather than spray water on the surface, where it evaporates. Nearly all the country’s gray water—from dishwashers, washing machines, and toilets—is recycled for irrigation.

(Texas, in contrast, only drip-irrigates about 3 percent of its crops, according to Kevin Wagner, associate director of the Texas Water Resource Institute, a state-chartered organization.)

Conservation may be ingrained in Israelis from childhood, but the construction of five massive desalinization plants since 2008 has allowed the country to become water-secure, according to Brish.

“Israel is now talking about exporting water to Turkey,” he said.

Desalinization plants are usually built as a last resort because of the huge amounts of expensive energy required to run them; electricity can account for 30 percent of a plant’s costs.

While it takes about 1,400 kilowatt-hours to deliver 1 million gallons from a river or a lake, as many as 16,500 kilowatt-hours are required to produce the same amount of water from desalinization, according to Michael Webber, a University of Texas professor and an expert on water and energy issues.

Israel has lowered those costs by using newfound natural gas reserves to power its desalinization plants and by only operating them when power prices fall, such as at night. Another option: building wind farms near desalinization plants to supply renewable energy. Because Israel is so efficient in its use and conservation of water, it only relies on desalinization for a quarter of its supply.

But the country has advantages the U.S. and other countries simply cannot replicate. The government owns all the nation’s water—even the rain that falls on a backyard cannot be diverted for private use—and one central authority makes all decisions, in contrast with the thousands of water agencies in the U.S.

Given that Israel is only a bit bigger than New Jersey geographically, not much energy must be expended to transport that water.

In fact, noted Brish, a single nine-foot-wide, 100-mile pipe delivers water from one end of the country to the other.
CJ

Israel Desalination
October 8, 2014
Texas-Israel partnership pays off in power and water security.
Years of providing water in a country that’s 60 percent desert have made Israel a technological leader in the field, a model for California.
Desalination of sea water, reuse of treated sewage for agriculture, software creating an early-warning system for leaks, computerized drip irrigation and careful accounting of every drop have become the norm in Israel, the world’s 40th biggest economy.
Israel is helping to build the largest seawater desalination plant in the West North of San Diego.
It will be able to provide 50 million gallons of potable water a day.
http://www.dallasnews.com/busines...f-in-power-and-water-security.ece
http://www.bloomberg.com/news/201...lifornia-not-to-fear-drought.html
http://www.jpost.com/Enviro-Tech/...-percent-capacity-for-2014-336935
CJ

ISRAEL GAS
Noble must sell off stakes in Tamar gas field
Israel moves to restructure ownership over natural gas fields: Israel's Delek will be forced to sell of shares of Tamar field, while Noble Energy will accept restrictions on ability to intervene in sales conditions.

The proposal called for Delek to sell its shares in the Tamar field and Nobel dilute some of its shares, as well as accept a cap on local sales prices for the next five years.

Noble and Delek have already agreed to sell their licenses to two nearby smaller gas fields – Tanin and Karish – though it is unclear whether this agreement still stands, as it was made as an initial concession to regulators.
Together the companies say they have invested about $6 billion in Israel and they had planned to spend another $6.5 billion to develop Leviathan.
http://www.ynetnews.com/articles/0,7340,L-4628634,00.html


Noble suspends Israel investments
February 20, 2015  -  Noble Energy
will not further invest in offshore natural gas operations in Israel until Jerusalem settles a regulatory dispute regarding the Leviathan and Tamar fields in the eastern Mediterranean.  Noble still intent on completing project in Ashdod in the first half of 2015.

Israel decided to restructure the private ownership of Tamar and Leviathan, its two biggest natural gas fields, a move which will see new regulations put in place to break what Israel's anti-trust authority deemed a monopoly.

Noble and Delek are the largest stakeholders in Israeli gas fields. Israel will regulate prices on natural gas sales until the ownership restructuring is complete, followed by a cap on sales prices for the next five years.

The government is working to create an ownership structure in which the remaining gas in the Tamar field will be opened up to a new company and the two's additional partner – Isramco.  Thus, the state hopes to create competition between the two large fields, by preventing those running the fields to influence the sales and practices of the other fields, de facto decentralizing the new and lucrative market.
http://www.ynetnews.com/articles/0,7340,L-4628805,00.html
CJ

Smile   Israeli Natural Gas covered cost of defense
April 13, 2015
-  Israel’s domestic production of natural gas countered the economic losses from Operation Protective Edge 2014 summer war with Hamas Gaza.

The Bank of Israel reported the production of natural gas from the Tamar field contributed 0.3 points to Israel’s GDP growth in 2014 and 0.8 points 2013. The production thus neutralized the negative economic effects of the summer war with Gaza.

Israel’s 2014 surplus amounted to $9 billion, 3% of their GDP. This was an increase over recent years, with the surplus in 2013 being $6.9 billion, and $2.1 billion in 2012.  This is a direct result of the start of gas production from the Tamar field.
http://www.algemeiner.com/2015/04...onomic-effects-of-protective-edge

Operation Protective Edge was the IDF DEFENDING Israel against Hamas repeated missile attacks on civilians.
CJ

Israeli economy grew 7% in 2014 4th quarter
April 20, 2015
JNS.org -   The Israeli economy grew 7 percent in the last quarter of 2014, its highest rate of growth in recent years, Israel’s Central Bureau of Statistics reported.
In the third quarter of 2014, the Israeli economy grew 0.3 percent while the war with Hamas was ongoing.
http://www.algemeiner.com/2015/04...-growth-in-fourth-quarter-of-2014


Major Offshore Gas Deal with US Noble
August 13, 2015
-  Israeli PM Binyamin Netanyahu and Energy Minister Yuval Steinitz are holding a press conference in Jerusalem in light of conclusions reached with the natural gas companies.
Netanyahu said, “The outline that was achieved places Israel’s economy and society in the center.  I thank Minister Steinitz and the team for the outline that will bring hundreds of billions of shekels into Israel in the coming years.”
http://www.israelnationalnews.com/News/Flash.aspx/333707#.Vcxo0LJVhBc
CJ

Israeli govt approves gas deal
August 17, 2015
-  Deal will increase the amount of natural gas produced by Tamar field, and enable quick development of other fields.  After years of bickering and haggling, the government approved the outline for development of offshore natural gas fields.  The deal that will be signed with private developers will make possible the quick development of gas fields Leviathan, Karish and Tanin, among others.

The deal, which has undergone considerable modification since negotiations began, will allow Noble Gas and Israeli Delek Group to keep ownership of Leviathan but require the sale of other assets, including stakes in the Tamar deposit.  It sets a price ceiling for gas sales to Israeli companies and commits the consortium to invest $1.5B into developing Leviathan over the next two years. The huge field contains about 22T cf of gas, and is expected to provide billions of dollars in revenue to Israel.
http://www.israelnationalnews.com/News/News.aspx/199521#.VdGlMbJVhBc
CJ

Huge gas discovery off Egypt coast  
August 30, 2015
-  Italian energy group Eni found large natural gas fields off Egypt's coast.  Zohr field could become one of the world's largest natural-gas finds and help meet Egypt's gas needs for decades.
Eni has full concession rights to the area. In June it signed an energy exploration deal with Egypt to explore in Sinai, the Gulf of Suez, the Mediterranean and areas in the Nile Delta.
This follows other gas discoveries in the Mediterranean including by Israel.
http://t.co/BIrdkkNBlP
http://news.yahoo.com/italys-eni-...-egyptian-151533696--finance.html
http://www.ibtimes.com/italian-co...-discovery-egyptian-coast-2074266
CJ

IAFdefense of gas fields in Mediterranean
September 2, 2015
-  The Israeli Navy staged a defensive exercise, which centered on silently driving off the terrorists who had captured a Mediterranean gas field, off Israeli port of Ashkelon. The weapons used exposed part of the IDF capabilities. The key is intelligence, early warning of enemy plans.
http://debka.com/article/24860


A Chinese landing craft with 1,000 marines for Syria
Chinese landing craft with 1,000 marines reached the Red Sea en route for the Mediterranean off Syria.
http://www.debka.com/newsupdate/5640

ISRAEL GAS news
http://cj.myfreeforum.org/about4811.html
CJ

Russia protect Israeli gas?
Sept 13, 2015 -
 Putin offers to shield, develop Israeli gas fields.
Russian President Vladimir proposed Moscow undertake responsibility for guarding Israel’s Mediterranean gas fields, along with the offer of a Russian investment of $7-10 billion for developing Leviathan and building a pipeline to Turkey for exporting the gas to Europe.  But Putin did not share with Netanyahu his plans for the buildup of Russian warships and missiles in Syria.

A multibillion Russian investment in the field would make it a Russian project, which neither Syria nor Hizballah would dare attack, even though it belongs to Israel.
An Israeli deal with Moscow would be dangerous for Israel.
Dont trust Russia!

Russian military presence in Syria seriously inhibits Israel’s flexibility for launching military action against Iranian or Hizballah targets when needed.
Israel’s military strength is substantial but no one is looking for a military clash with the Russians.
http://debka.com/article/24885


Have you assembled your armies to loot, plunder, to carry away silver and gold,
to take away cattle and goods, to haul away a great amount of spoils?
 Ezekiel 38:13
http://biblehub.com/ezekiel/38-13.htm


Israeli Drones Collect Radioactive Dust in Iran
These high-tech drones gathered data and samples from three secret Iranian nuclear facilities.
e "High-Tech Israeli Drones See into Cores of Clandestine Iranian Nuclear Facilities
http://debka.com/article/24878/Hi...estine-Iranian-Nuclear-Facilities


Will sub drones cause World War 3?
Sept 13, 2015
-  Smart, well-armed and built to operate on their own, underwater drones are becoming a dangerous wildcard. Drones outfitted with Hellfire missiles. The next frontier for drone technology is on and under the seas
http://www.defenseone.com/technol...drones-cause-world-war-iii/120383
CJ

        MIDEAST  NEWS      
http://cj.myfreeforum.org/forum3.php


Most blessed of sons is Asher, let him be favored by his brothers
and let him bathe his feet in oil.  Deuteronomy 33:24
http://biblehub.com/deuteronomy/33-24.htm


Israel oil
October 8, 2015  Haifa, Israel
-  Massive oil reserves have been located in the Israel Golan Heights, close to the Syria border.  A license to drill in the area was issued in April 2013.  The oil feed is close proximity to the fighting in Syria.  The main site is near Katzrin, northeast of Lake Kinnaret - the Sea of Galilee.  The land was captured from Syria during the 1973 Yom Kippur War - which Syria started - and still under dispute.

Afek Oil and Gas is an Israeli subsidiary of the U.S. company Genie Energy.
Investors, Dick Cheney, Jacob Rothschild, and Rupert Murdoch.
Zion Oil and Gas have sought oil there for years, based on Deuteronomy 33:24
Its not impossible Russia knows there is oil there, and THAT is why they are there.
http://www.foxnews.com/world/2015...oil-reserves-discovered-in-israel

Golan Heights
http://cj.myfreeforum.org/ftopic4400-54.php

ISIS war in mideast
http://cj.myfreeforum.org/ftopic4972-153.php

HUGE OIL DEPOSIT in GOLAN HEIGHTS, ISRAEL
http://www.nowtheendbegins.com/blog/?p=36264

Shocked
CJ

Israel gas deal
Nov 29, 2015
-  Israelis upset over government approval of contested gas agreement.
Govt to bypass anti-trust regulations in order to approve a gas deal with US energy giant Noble Energy.  Israel would give an international consortium led by the Delek and Noble Energy companies the rights to the Leviathan field, the largest gas reserve in Israeli territorial waters, in exchange for scaling back their involvement in Tamar, Tanin and Karish fields.
Leviathan is considered a gold mine for Israel.
http://www.timesofisrael.com/thou...st-against-controversial-gas-deal
CJ

Israel to supply gas to Egypt
Dec 1, 2015
-   Israel’s Leviathan natural gas field is expected to supply the Egyptian company Dolphinus Holdings with up to 4 billion cubic meters (141 million cubic feet) of gas per year for 10 to 15 years.
Egypt needs gas both for domestic use and for their export facilities.
http://www.algemeiner.com/2015/11...al-gas-for-next-decade-and-beyond


Israel gas
Dec 8, 2015
-  Israel gets 60% of its electricity from natural gas.  Gas pollutes much less than oil or coal.
Israel Natural Gas Lines pipes snake around Israel to 8 power plants. A gas deal is dangerous for Israel. It allows for quick export of Israeli gas and will leave us without gas in the future.  Long detailed article.
http://www.timesofisrael.com/top-...to-know-about-israels-natural-gas


Knesset grills Netanyahu over gas deal controversial agreement
http://www.timesofisrael.com/knes...-to-grill-netanyahu-over-gas-deal
CJ

Question   Turkish-Israeli thaw
Dec 19, 2015  
-  Turkey, largely dependent on imports for its energy needs, seeks new sources of natural gas after Turkey foolishly shot down Russian aircraft.  Normalization of relations may speed up plans to export Israeli natural gas.  Expectations that Turkey and Israel will restore relations after a five-year-old rift have raised hopes of speedy progress in talks to import Israeli natural gas, potentially a multi-billion-dollar project.

Plans afoot to build a pipeline and import natural gas from Israel's Leviathan field in the eastern Mediterranean.  The expected agreement, which has yet to be concluded, gives us a heavy limitation on Hamas activity in Turkey.
http://www.ynetnews.com/articles/0,7340,L-4741131,00.html
CJ

Egypt rejects natural gas deal with Israel
Dec 25, 2015
 -  Cairo bans Egyptian companies from natural gas deal with Israel.
Egyptian Prime Minister Sherif Ismail banned local gas companies from importing natural gas from Israel.  Ismail also banned all further discussion on the issue.

Ismail's response may be based on an ICC ruling demanding that 2 Egyptian gas companies pay Israeli Electric Company for damages incurred as a result of failures to transfer gas from Egypt to Israel.

In 2011, Egyptian gas companies stopped providing gas to Israel due to a series of Sinai pipeline bombings. The terrorist bombings caused the IEC to turn to more expensive fuels to make up for the loss, and increased the price of electricity to the general public by 30% to make up for costs.
http://www.israelnationalnews.com/News/News.aspx/205467#.Vn0VUbYrK9I
CJ

Israel exporting  gas to Europe
April  7, 2016
-  At least 15 gas companies plan to set up a consortium to export natural gas from Israel's offshore fields to Europe via Turkey.  Possibly as soon as 2021.  The project would require agreements to resolve any longstanding issues between Turkey, Greece, Cyprus and Israel.  GOOD LUCK WIDDAT!  Turkey plans to diversify its sources and acquire gas from Israel.
http://debka.com/newsupdatepopup/...porting-Israeli-gas-to-Europe-CEO
CJ

Natural gas production vital for Israel
April  7, 2016
 -  At energy conference in Tel Aviv Yuval Steinitz criticizes recent High Court of Justice ruling on natural gas framework, vows to find solution.  Natural gas production is vital to Israel's security and economy, U.S. Energy Secretary Ernest Moniz said.

Steinitz criticized the ruling that struck down the stability clause of the natural gas framework. Steinitz described the ruling, which gave the Knesset a year to amend the framework or it will be canceled, an irresponsible mistake. There are several ways of doing it, whether through guarantees for the gas companies or the financing banks, a safety net, or by refining the stability clause.

On Monday, Moniz and Steinitz signed an amendment to an existing energy agreement between the U.S. and Israel that will bolster cooperation between the two countries.  The U.S. and Israel will continue to foster research and development, drive down the costs of clean energy technologies and encourage collaboration between our nations' top energy scientists.
http://www.israelhayom.com/site/newsletter_article.php?id=32889
CJ

Russia wants Israeli gas
April  25, 2016
 -  Russia is seeking to enter the Israeli natural gas industry.
Putin wants to take part in the development of the Leviathan gas reservoir.  In February 2013, the Russian national gas company Gazprom signed a memorandum of understanding to buy gas produced from the Tamar reservoir through a floating liquefied natural gas (FLNG) facility.  The project was never implemented.

Russia did not give up, however. Gazprom negotiated for months to buy up to 30% of the Leviathan reservoir.  South Korean company Kogas, Chinese company CNOOC, and Australian company Woodside expressed interest also.  Gazprom has apparently submitted the highest bid.
http://www.globes.co.il/en/articl...s-share-in-israeli-gas-1001119921
CJ

Israeli Government approves natural gas deal
May 22, 2016  -  The government approved the altered natural gas deal, with only Environmental Protection Minister Avi Gabay opposing.
http://www.ynetnews.com/articles/0,7340,L-4806215,00.html
CJ

Israeli natural gas deal
May 30, 2016
-  First sale after Israeli natural gas deal passes.
Leviathan gas field to power a southern Israel power plant until 2034.
The US-led consortium leading the development of Israel's offshore gas reserves has announced its first sales deal since a reworked agreement on a key offshore field was given the go-ahead.

Noble Energy announced a $3-billion deal to supply 13 billion cubic meters of natural gas from the Leviathan field to a power plant in southern Israel over the next 18 years.  The Israeli company in the consortium, Delek Drilling hailed the new sales agreement.

It was the second sales deal confirmed by the consortium but the first since the government ratified the offshore development project on May 22, after a legal battle had delayed it.

The entire development project had been shot down by the supreme court as unconstitutional, with critics saying it gave too much power to the energy companies.  After the ruling, the agreement was then revised to reflect the court's objections and the government subsequently gave it the green light.

Leviathan is the largest of Israel's offshore gas fields, with enough gas to turn the previously resource-poor country into a significant exporter.  Key potential markets are Turkey and Egypt.
http://www.israelnationalnews.com/News/News.aspx/212990#.V0wWedQrK9I


Israel close to sealing offshore gas deal after compromise
After Supreme Court controversially vetoed the deal, government reaches compromise agreement with Noble Energy and Delek.  Deal to put a major offshore gas field online after a compromise was reached with the US-led consortium of developers.  Prime Minister Binyamin Netanyahu criticized the court's ruling, warning it could seriously harm the Israeli economy.
http://www.israelnationalnews.com/News/News.aspx/212525#.V0wWvNQrK9I
CJ

Russia relations with Israel are deep
June 8, 2016
 -   Israeli PM Benjamin Netanyahu met with Russian President Vladimir Putin in Moscow
They spoke at a press conference on bilateral relations and about international problems.  The Soviet Union was the first country to recognize Israel as an independent state in 1948.  Putin spoke about plans to increase economic cooperation.  A free trade area between the Eurasian union and Israel will be an incentive for the development of economic relations.
http://www.ynetnews.com/articles/0,7340,L-4812983,00.html


Russia may develop Israeli gas fields  
debka  -  Israel has no legal limits of the participation of Russian gas companies in developing the gas fields, Israeli Prime Minister Benjamin Netanyahu said.
CJ

Israeli-Russian war game
June 11, 2016
-  Russian President Vladimir Putin and Israeli PM Benyamin Netanyahu decided to deepen military ties. It was a historic decision that spells the end of the IDF’s unique relationship with the US military.

Putin and Netanyahu decided that a joint exercise by the Israeli and Russian naval and air forces will be held this summer.  The joint war game was tied to an agreement to allow Russian gas companies to compete for contracts to develop Israel’s Leviathan and Tamar offshore gas fields.  Uh oh.

Putin tried to convince Netanyahu by saying that the presence of the Russian navy and air force in the area would guarantee that no Arab or Muslim military force, such as those of Iran, Syria and Hizballah, would attack the gas fields.

In the long term, the combination of Russia’s massive warships and Israel’s smaller and faster vessels built for rapid response to any attack along its coast, may provide an effective defense of energy assets in the Mediterranean basin, especially in the region of Cyprus, Greece, Turkey and Israel.  These assets would include shipping routes, drilling platforms, gas pipelines and undersea optic cables, among others.

Alongside the advantages, cooperation with a world military power like Russia holds operational, intelligence, tactical and strategic risks.  This may result in mutual exposure of some of their military secrets.  
http://debka.com/article/25474/Fi...raeli-Russian-war-game-is-coming-
CJ

Israeli Gas market dries up
Oct 5, 2016
-  PM Binyamin Netanyahu has been forced to give up plan to pipe gas from Israel’s offshore fields to Turkey for sale in European markets after France and Germany intimated that dealings with Ankara were unacceptable.  Plans to expand the Leviathan gas well have also been put on ice.

Although the search goes on for alternative buyers, the main export markets in Europe for Israel gas, barring the smaller markets of Egypt, Jordan and the Palestinian Authority, have suddenly dried up.  This is misfortune for the Israeli economy.

Europe today refuses to have any truck with Turkey and Erdogan in the light of his 2016 behavior.  Turkey allowed Muslim terrorists into Europe, his persecution of the Kurds, his détente with Moscow and, finally Turkey’s alienation from NATO.  France and Germany will not buy Israel gas piped through Turkey.

Jordan NEPCO signed a contract for the purchase of natural gas from Leviathan over 15 years.  There are still conditions attached.

Cyprus has its problems with Turkey so there are glitches there.
Egypt gas sales have their own problems.
Investors are keeping their distance.
http://debka.com/article/25700/Th...ael%E2%80%99s-Offshore-Gas-Dry-up

click for MAP
http://www.debka.co.il/dynmedia/photos/2016/09/22/src/6.jpg

Israel gas and oil
http://cj.myfreeforum.org/about4811.html

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