web analytics
October 24, 2014 / 30 Tishri, 5775
At a Glance

Posts Tagged ‘gas’

Tshuva To Export 20% of “Tamar” Gas Field to Egypt

Tuesday, May 6th, 2014

Yitzchak Tshuva plans to sell 20% of the gas drilled from the “Tamar” gas field to Egpyt, according to a report in Calcalist.

Letters of understandings were signed, and official contracts are expected to be signed in six months.

This is the first export agreement with Egypt, and follows the export agreement signed a few months ago with Jordan.

Egypt is to receive 4.5 BCM (billion cubic meters) each year for 15 years. The deal is valued at 1.1 to 1.3 billion dollars a year for a total of around $20 billion dollars.

The “Tamar” gas field holds an estimated 320 BCM and is owned by Noble Energy (36%), Delek and Avner Drilling (31.25%), Isramco (28.7%) and Dor Gas (4%).

Gas to Pump $60 Billion into Economy in 20 Years, Says Lapid

Tuesday, October 15th, 2013

Israel’s new offshore gas industry will generate $60 billion in revenues in Israel over the next 20 years, Finance Minister and Yesh Atid party chairman Yair Lapid told the Knesset in its first day of the winter session Monday.

He charged the Opposition with damaging the economy by placing obstacles to the natural gas hook-up, which Lapid said will help lower the price of electricity and boost employment.

Taxes on gas will allow Israel to lower taxes, he added.

The High Court is to decide on who has the authority to decide how much of the gas can be exported. Several Opposition parties are demanding that Israel retain all of the gas for domestic use. The government has adopted a policy of exporting 40 percent of the gas.

Israeli Company Converts Natural Gas to Car and Jet Fuel

Friday, October 4th, 2013

Primus Green Energy, a subsidiary of Israel Corporation inaugurated a new plant in Hillsborough, New Jersey that converts natural gas into gasoline.

The experimental plant can generate 100,000 gallons of gas a year. Primus says their price for gas is competitive.

Primus says the plant is able to produce various grades of gas, including home, car and jet fuel.

The Morning After… If Obama Bombs Syria

Wednesday, September 4th, 2013

The proposed threat of an American attack on Syria brings up more questions than solutions.

Since I’m in the year of mourning for my mother, I content myself with watching just the news on television, mostly BBC, Europe and Bloomberg. So, I’ve been hearing a lot about the United States President Barack Hussein Obama and his attempts to get the support of Congress and foreign countries for his proposed attack.

There are some very serious problems with his plan.

- One, he wants to replace Bashar al-Assad with the opposition, which isn’t in favor of American plans. And they certainly aren’t western and freedom-loving. You can best describe the opposing sides as “the devil and the deep blue sea.”

- Obama is trying to convince the Americans that this attack won’t require any American soldier to land in dangerous Syrian territory. If that’s the case, how does he expect to destroy all of the nerve gas?

- And if he doesn’t totally destroy the nerve gas, what’s the point?

It’s pretty obvious that if the opposition gets into power and has nerve gas, they’d use it, too. I consider it terribly naïve to think that there are such differences between the Syrian sides. Remember what has been going on in Egypt. The world, especially Barack Hussein Obama, enthusiastically celebrated and praised the change of regime and “democratic elections” in which Mohammed Morsi was elected president. He didn’t last very long, because the Egyptian public is volatile. They aren’t the same culture and nature as Americans or even Europeans.

The more I listen to the news, the less I want an attack on Syria. It will only destroy the fragile peace that now exists in the Middle East, and if this area becomes a true war zone, no place, not Europe, America, Africa or Asia will be safe. Is that the legacy Barack Obama wants to leave on this earth, be known as the man who started World War Three?

Visit Shiloh Musings.

Netanyahu Worried about ‘Tragedy and Crime’ in Syria

Sunday, August 25th, 2013

Prime Minister Binyamin Netanyahu told the Cabinet Sunday morning that Syria falls into the same category as Iran when it comes to Israel’s having to strike first in order to defend itself against a threat that could destroy the country.

Referring to the use of chemical weapons across the northern border, the Prime Minister said, “What happened in Syria is both a terrible tragedy and an awful crime. Our hearts go out to the women, children and babies, the civilians who were so brutally attacked by weapons of mass destruction.

“From this we draw three conclusions: One, this situation must not be allowed to continue.

“Two, the most dangerous regimes in the world must not be allowed to possess the most dangerous weapons in the world. And three, we expect that this will stop, of course, but we must always remember our sages’ ancient principle: “If we are not for ourselves, who will be for us?”

He explained that “our finger must always be on the pulse” and that “ours is a responsible finger and if necessary, it will also be on the trigger.”

Update: 250 Killed as Police Crush Cairo Sit-Ins

Wednesday, August 14th, 2013

Update from Sky News: More than 250 people have reportedly been killed as Egyptian security forces cleared two protest camps loyal to deposed president Mohamed Morsi.

Sky’s Sam Kiley, reporting from the Rabaa al Adawiya camp in Cairo, said it was “under very heavy gunfire” and was a “massive military assault on largely unarmed civilians in very large numbers”.

He added: “There are machine gun rounds and snipers on the roof that are preventing people from getting any closer to the field hospital.


Egyptian police broke up a Muslim Brotherhood sit-in near the Giza zoo in Cairo, in an attempt to clear the other at Rabaa El-Adawiya square after dawn on Wednesday. Egypt’s caretaker government has pledged to disperse the thousands of Islamists who were gathered in both venues, al Ahram reports.

The Cairo ambulance authority said five were killed and at least 52 wounded, but the Brotherhood put the death toll at 121, citing reports from a makeshift hospital located near the Rabaa sit-in.

Egypt’s state television said two policemen were killed and six wounded during the attempt to clear out the two sit-ins. All entrances to the sites are blocked by security forces.

Some 200 protesters were arrested on charges of carrying firearms, knives and gas canisters, the state news agency MENA reported.

“In accordance with government instructions to take necessary measures towards the sit-ins at Rabaa Al-Adawiya and Nahda, and for the safety of the country, security forces started taking measures to disperse the sit-ins early Wednesday,” the interior ministry said in a statement.”

Live television footage showed riot police firing tear gas at protesters at one of the entrances of Rabaa El-Adawiya mosque in northern Cairo, where tens of thousands have been camping for six weeks to demand the reinstatement of ousted President Mohamed Morsi.

Brotherhood spokesman Gehad El-Haddad accused police snipers of firing at Rabaa protesters from the rooftop of surrounding buildings.

Al-Nahar and ONTV satellite channels said their cameras were confiscated by police.

At the Nahda camp, extending down a palm tree-lined boulevard next to the Cairo zoo in Giza, police used loudspeakers to urge protesters to leave as sounds of gunfire rang out.

“Armed men in both camps fired at police forces once they started dispersing the sit-ins … police were able to control Nahda and are still combing the surrounding area,” the interior ministry said in another statement on its official Facebook page.

“The police forces only used tear gas despite being attacked by live ammunition [from protesters].”


Israeli Firm Plans Gas Pipelines to Turkey, other Mideast Nations

Thursday, August 8th, 2013

An Israeli energy company has announced plans to export natural gas via pipelines through Turkey and other countries in the Middle East.

The Delek Group, the parent firm for several energy and gas exploration companies, said in its new prospectus that it plans to export some of the newly discovered natural gas off the Mediterranean cost to Europe via pipelines to Jordan, Turkey, Egypt and the Palestinian Authority, the Israeli business daily Globes reported.

Delek Group is in advanced talks with companies in those countries about buying Israeli gas and building pipelines. The group also has talked about building a liquefied natural gas facility in Israel.

The Israeli Cabinet in June approved a decision to export about 40 percent of the recently discovered reserves while keeping a 25-year supply for the country’s consumption. Revenue from the exported gas is expected to be about $60 billion.

Printed from: http://www.jewishpress.com/news/breaking-news/israeli-firm-plans-gas-pipelines-to-turkey-other-mideast-nations/2013/08/08/

Scan this QR code to visit this page online: