ARABS KEEP OUT! ISRAEL LAYS CLAIM TO ALL THE RESOURCES

13
983

New offshore gas and oil fields in Palestine

ED NOTE:  “Oil in Palestine?”  Well, what else has all of this been about?  And, why have the Israelis claimed jurisdiction over so much of that sea over there?  They don’t even allow Palestinians to fish in it.

by Manlio Dinucci Voltairenet.org

For years, various companies have been exploring the hydrocarbon deposits in the Levantine Basin, but only a handful of political and economic leaders were privy to the size of the prize. On 29 December 2010, the Israeli authorities gave Noble Energy Inc. the green light to release the news. The communication, announcing that exploitation was taking off after a political freeze, has been coupled with a diplomatic campaign to allow Tel Aviv to siphon off all the reserves to the detriment of the other coastline states.

U.S.-based Noble Energy Inc. recently announced a massive natural gas field discovery, located 130 kilometers offshore of Haifa [1] and consisting of an estimated 450 billion cubic meters. Resources in the surrounding area should total some 700 billion cubic meters. Exploration and exploitation are overseen by an international consortium composed by U.S. company Noble Energy Inc., currently the largest shareholder with a 40% stake, plus Israeli enterprises Delek, Avner and Ratio Oil Exploration [2]

This accounts for only a small part of the energy reserves abounding in the Levantine basin, which comprises Israel, the Palestinian territories, Lebanon and their territorial waters. According to U.S. Geological Survey, a U.S. Government agency which has been prospecting in the region for several years, the natural gas deposits in the basin consist of approximately 3 500 billion cubic meters, while the oil reserves have been assessed at 1,7 billion barrels.

The Israeli government, with Washington’s backing, considers it is entitled to all the energy reserves. Israeli national infrastructure minister Uzi Landau declared that the large natural gas fields would not only bring economic benefits to Israeli citizens but could also transform Israel into a gas supplier in the Mediterranean region. However, objected Speaker of the Lebanese Parliament Nabih Berri, Israel is disregarding the fact that according to the maps the fields stretch into Lebanese territorial waters. The United Nations Convention stipulates that a coastal state may exploit offshore gas and oil reserves within a zone extending 200 nautical miles (370 kilometers) from the shore.

According to the sample principle, the reserves belong in great measure also to the Palestinian Authority. From the map drawn up by the U.S. Geological Survey itself, it emerges that the major portion of the gas deposits (around 60%) lie in the waters and territory belonging to Gaza. Exploitation rights were granted by the Palestinian Authority to a consortium formed by British Gas and its partner Consolidated Contractors (based in Athens and owned by two Lebanese families), of which 10% is held by the Palestinian Authority.

Two wells, Gaza Marine-1 and Gaza Marine-2 are ready but not operational. In fact, Tel Aviv has systematically rebuffed all the proposals from the Palestinian Authority and the consortium to export gas to Israel and Egypt. Therefore, the Palestinians possess vast riches which they are unable to exploit.

To seize the totality of the energy reserves – both Palestinian and Lebanese – bathing in the Levantine Basin, Israel has chosen the military option. The Lebanese Foreign Affairs Minister Ali al-Shami recently urged the UN Secretary General to prevent Israel from exploiting the offshore energy reserves located in Lebanese territorial waters. Minister Uzi Landau claimed instead that the reserves are in Israeli waters and warned that his country will not think twice about employing force to protect them. Israel has therefore threatened to attack Lebanon again, like it did in 2006, with the intention this time of impeding it from exploiting its offshore deposits [3].

It is for the same reason that Israel does not accept a Palestinian state. To do so would imply the recognition of Palestinian sovereignty over a large portion of the energy reserves, which Israel wants to grab. It was to this end that the 2008-2009 “Cast Lead Operation” was launched and Gaza caught in the clutches of the blockade. Meanwhile, Israeli war ships control the whole of the Levantine Basin – and hence the offshore oil and gas reserves – within the framework of the NATO-sponsored “Mediterranean Dialogue” to “contribute to the security and stability of the region.

Manlio Dinucci is geographer and geopolitical scientist. His latest books are Geograficamente. Per la Scuola media (3 vol.), Zanichelli (2008) ; Escalation. Anatomia della guerra infinita, DeriveApprodi (2005).

Related post:

Noble Energy, Inc. – Noble Energy Announces Significant Discovery

(29 Dec 2010 Noble Energy operates Leviathan, offshore Israel , with a 39.66 percent energy company engaged in worldwide oil and gas exploration)


ATTENTION READERS

We See The World From All Sides and Want YOU To Be Fully Informed
In fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion.

About VT - Policies & Disclosures - Comment Policy
Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature. All images are the full responsibility of the article author and NOT VT.
Previous articleMilitary Hero-Examples of Outstanding Americans
Next articleThe Shock And Awe Of Children And War
Debbie Menon is an independent writer based in Dubai. Her main focus are the US-Mid- East Conflicts. Her writing has been featured in many print and online publications. Her writing reflects the incredible resilience, almost superhuman steadfastness of the occupied and oppressed Palestinians, who are now facing the prospect of a final round of ethnic cleansing. She is committed to exposing Israel's Lobbies' control of ‘U.S. Middle East Policy. Control’ which amounts to treason by the Zionist lobbies in America and its stooges in Congress, and that guarantees there can never be a peaceful resolution of the Israeli-Palestinian conflict, only catastrophe for all, in the region and the world. Her mission is to inform and educate internet viewers seeking unfiltered information about real events on issues of the US/Middle East conflicts that are unreported, underreported, or distorted in the American media. PS: For those of her detractors that think she is being selective and even “one-sided,” tough, that is the point of her work, to present an alternative view and interpretation of the US-Israel-Middle East conflict, that has been completely ignored in mainstream discourse. The purpose is to look at the current reality from a different and critical perspective, not to simply rehash the pro-US/Israel perspective, smoke and mirrors that has been allowed to utterly and completely dominate Mainstream discourse.