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Showing posts with label Israel Oil Gas. Show all posts
Showing posts with label Israel Oil Gas. Show all posts

Thursday, May 19, 2011

Future Map of Israel?

Is this the new map of Israel. There is still plenty of negotiating to be done. This map was part of the Oslo proposal whereby Israel would gradually withdraw from the Gaza strip and West Bank. Palestinians hoped it would result in their statehood. Terrorist attacks resulted in the breakdown of the process. Remember that Palestinian Arabs fought against the 1948 UN Resolution 181 which partitioned the territory into two states. The Arabs lost that war and the Palestinian state partition was taken over by Israel and Jordan.

Sunday, December 5, 2010

Delek Tamar Gas Field Offshore Israel

This is a real gamechanger for Israel and the energy balance in the Middle East. Put Noble Energy on your watchlist.....there are still a number of hurdles to overcome before this discovery is placed online!

More than 100 years of Reserves for Israel at Leviathan Offshore Energy Today: "More than 100 years of Reserves for Israel at LeviathanPosted on Jun 4th, 2010 with tags $100, Israel:, Leviathan, More, News, Reserves, years.

There are more than 100 years of reserves for Israel at Leviathan.
“Today is a holiday for every citizen of Israel. It’s a day of joy,” Delek Group Ltd. (TASE: DLEKG) controlling shareholder Yitzhak Tshuva said at a conference of Delek subsidiary Israel Phoenix Assurance Ltd., referring to the results of the 2D and 3D seismic surveys of the offshore Leviathan structure.
Tshuva went on to say, “The results indicate that in addition to the gas, there are signs of oil at a greater depth. We have turned Israel into a great energy power.”
Tshuva said, “Israel is energy independent. The results of the survey are very important; they are above and beyond. They mean that the future potential of Leviathan is more than double the Tamar discovery.”
Tshuva added, “There are more than 100 years of reserves for Israel at Leviathan. Far more than the gas found before. Israel is completely energy independent. Thanks to the discovery, Israel will become a player in the global energy market, and will supply energy to many other countries.” He said that the Israel will become a gas exporter.
Tshuva said that the Leviathan gas discovery was a national event. “The results will strengthen Israel’s economy and guarantee its soundness. In today’s hard times, Israel needs strengthening against the world.”"