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November 29, 2015 / 17 Kislev, 5776
At a Glance

Posts Tagged ‘Natural gas’

Deri to Leave Ministry of Economy

Saturday, October 24th, 2015

Aryeh Deri, chairman of the Shas Sephardi Hareidi party, will leave the Ministry of Economy and be given another Cabinet post following the failure of the Netanyahu government to convince him to relinquish authority over the roadmap for governing Israel’s off-shore natural gas fields.

Deri will continue to serve as Minister of the Development of the Negev and the Galilee along with another post yet to be determined. Taking over the Interior Ministry from Silvan Shalom is one possibility, but that could not take place without the agreement the senior Likud member.

The stalemate over the authority for the natural gas development has kept the Knesset from voting on the budget. Once it is passed, probably in mid-November, authorization is expected for the framework for natural gas.

Knesset Approves Natural Gas Outline

Wednesday, September 9th, 2015

The Knesset plenum approved the natural gas outline presented to the lawmakers by the government on Monday.

There was considerable concern prior to the vote as to whether parliamentarians would balk at some of the elements of the deal, but as it turned out, it passed with a healthy majority.

“We have improved the outline. It passed the Cabinet and passed the Knesset by an overwhelming majority,” said Prime Minister Binyamin Netanyahu in a statement following the Knesset session. “There is one more obstacle but when I want to achieve something, I achieve it.

“There will be gas for Israel. I want it for the citizens of Israel, to lower the cost of living, to channel vast sums to the state coffers for energy security. This will be achieved. We are moving forward step by step and overcoming one obstacle after another.

“They told us at the outset: We have not seen the outline so we opened the outline. They told us to improve it; we improved it. They told us to submit it to the Cabinet; we did so and it was approved. They told us to submit it to the Knesset and we approved it by majority vote. Now we have one obstacle left and we will overcome it because it is the right thing for the citizens of Israel.”

Knesset Approves Part of Natural Gas Framework Deal

Monday, September 7th, 2015

The Knesset approved part of the natural gas framework Monday by a 59-51 vote after two years of constant threats by natural gas companies to pull out of the development of off-shore energy fields.

However, Prime Minister Binyamin Netanyahu postponed a vote on the critical part of the deal that gives the government full authority over contracts with the companies. Minister of Economy Aryeh Deri, chairman of the Shas Sephardi Hareidi party, wants the authority in his hands.


Arab Knesset Member Damns Leftists as ‘Rich Racists’ Who Feign ‘Peace’ [video]

Monday, September 7th, 2015

An Arab Knesset Member dumped all over Knesset leftisits in a theatrical speech Monday that was hilarious for the simple reason that he said everything about bleeding heart liberals that a right-winger would like to state but can’t do so because of political correctness.

He labeled the leftists with several adjectives, such as “Ashkenazim,” “spoiled,” “snobs” and “racists.” And what about the leftists ‘agenda for peace?


Zahalka said exactly what right-wingers know about leftists:

They are the ones who told us ‘We have brought peace upon you!’ Shame on you.

The engineers of racism, the engineers of expropriation, of expulsion. Shame on you.

Zahalka’s speech came during a debate on the government proposal to finalize an agreement concerning royalties on offshore natural gas.

MK Stav Shaffir, one of the most extreme leftists in the old Labor party that now is merged with Tzipi Livni’s faction under the funny title of “Zionist Camp,” has asked the attorney general to investigate reports that Prime Minister Binyamin Netanyahu promised to earmark nearly $250 million for the Arabs sector if Arab MKs did not vote against the natural gas deal.

That lit a fuse under Zahalka’s feet, and he launched into a 4-minute outburst of rage that could have made him a fortune, with proceeds for his constituents, if he saved it for the stage and sold tickets for the performance.

Shaffir was the perfect target because she represents the “peace and love” sector that brings back to mind the “limousine liberal “Jews in the 1960s who were all for integration of blacks and whites but had second thoughts if it meant that opening up neighborhoods for everyone would include their street.

A more current example is the rich north Tel Aviv leftists’ campaign for asylum for illegal immigrants, who have flooded the relatively poor area of southern Tel Aviv.

Former right-wing MK Michael Ben-Ari pulled off the stunt of the decade a couple of years ago when he brought a group of illegal immigrants to a swimming pool in north Tel Aviv, where the shocked liberals were infuriated.

Shaffir, who at the age of 30 is the youngest MK in Knesset history, has impeccable credentials as the perfect leftist.

She was a leader in the “cottage cheese’ protests three years ago and joined a Women of the Wall spectacle. She supports asylum for illegal immigrants whom she says should be classified as “refugees,” and, of course, she backs LGBT demands.

Earlier this year, she attacked right-wingers and said:

Don’t preach to us about Zionism, because real Zionism means dividing the budget equally among all the citizens of the country. Real Zionism is taking care of the weak. Real Zionism is solidarity, not only in battle but in everyday life.

So what is her beef that some of the gas royalties will help the Arab sector? Good question, and there is simple answer: Shaffir and the rest of the Opposition, as almost every Opposition party in the Knesset, have one ideology: Dump the coalition, especially when it is headed by Prime Minister Netanyahu.

Zahalka blew all his fuses.

The video below is n Hebrew, but here are just some of his remarks:

Since you [Shaffir] came to the Knesset, you never spoke to me. You never told me hello. I try and try to say hello and you do not answer.


At least, the extreme right are human beings; they smile at you and say hello. Even Yisrael Beiteinu MKs smile at us. But the members of the Labor party are the mother and father of racism! You invented racism!”

Shaffir, visibly hurt and upset by the accusations called him a liar, but Zahalka responded to almost everything she said with, “Shame on you.”

‘Mega” Gas Field Discovered off Egyptian Coast

Sunday, August 30th, 2015

The Italian Eni energy group announced Sunday it has discovered one of the world’s largest natural gas fields off the Egyptian coast.

If the estimates are not exaggerated and if the “Zohr” field comes online in the future, it would mean that Egypt would be self-sufficient in its gas needs for decades. It also would put an end to any idea that Egypt will buy gas from Israel, which in recent years has enjoyed discoveries of gas fields that have been called the largest discoveries in the world in the past decade.

The find in Egypt dwarfs the field in Israel.

Eni stated:

According to the well and geophysical data available, the field could hold a potential of 30 trillion cubic feet of lean gas in place

Zohr is the largest gas discovery ever made in Egypt and in the Mediterranean Sea and could become one of the world’s largest natural-gas finds.


Israeli Cabinet Approves Gas Deal With Noble Energy, Delek Ltd.

Sunday, August 16th, 2015

Government ministers passed the long-awaited, controversial gas deal on Sunday afternoon, giving the Noble Energy and Delek Ltd. consortium the rights to the large gas fields they had discovered and begun to develop beneath the waters of the Mediterranean – while giving Israeli citizens a future income of hundreds of billions of shekels in the process.

“This money will benefit education, health, social welfare and other national needs,” Prime Minister Binyamin Netanyahu said at the start of the weekly cabinet meeting.

“I would like to commend the work done by Minister Steinitz’s team which has led to a very significant reduction in the price the state will pay for gas and to other changes that will greatly improve the outline.

“I am not impressed by populism – to me it is only populism, even though people could possibly believe in what they are saying, but the country needs gas. Gas resources in our region will be developed, unfortunately, either way, and we need to see to it that our resources work at full capacity.

“We need to extract the gas from the sea,” Netanyahu went on.

“This decision is an important milestone. We are overcoming the obstacles step by step. This process will not be stopped,” he said, making an oblique reference to the myriad attempts by various groups to stymie the agreement that was finally approved.

“The gas will be extracted from the bottom of the sea and will reach Israeli citizens, Israeli industry and the Israeli economy – for the benefit of the citizens of Israel.

“Every objective test proves this outline is a significant improvement over the existing situation. But one more thing must be understood – it cannot be stopped.

“When the right thing needs to be done, and it is so crucial to Israel’s economy and strategic situation, that thing will not be stopped. They will look for another way to delay, another excuse, another reason – and that will not work.

This outline will pass one way or another, and it is about time that it does. The true interests of the State of Israel require the passage of this outline as quickly as possible.”

Negotiations between the government and the consortium comprised of Texas-based Noble Energy and the Israeli company Dekel Group Ltd. have been dragging on for months.

Israel’s Antitrust Authority last year decided the consortium could not continue operations as the sole owners and operators of the massive Leviathan gas field, and the somewhat smaller but also large Tamar gas field – both of which were discovered and have been developed at considerable expense by the group.

Gas has already been produced from the Tamar field since 2013. Leviathan is considered the largest discovery in the world in the past decade – and certainly the largest field in the Mediterranean.

Negotiations over how pricing will be set for gas in the domestic market and the prices and percentage of reserves to be exported had taken place for months between the government and the group – which has pointed out that without being able to recoup its investment and also to be able to make a profit, there is little point to continuing its operations in the area.

Antitrust Commissioner David Gilo threatened to resign in May over his opposition to what he insisted was the group’s monopoly over the Tamar and Leviathan fields.

The gas deal negotiated with the government this past week allows Delek Group – owned by Yitzchak Tshuva – to sell its holdings in the Tamar field, and also two smaller fields, Karish and Tanin, within six years. Noble Energy will gradually reduce its own holdings in Tamar to a maximum of 25 percent within six years as well. Prices for natural gas will be regulated by the government within that same six-year period as well.


Senior Opposition Leader Attacks Netanyahu’s New Gas Deal

Thursday, August 13th, 2015

(JNi.media) Opposition Zionist Camp (Labor) MK Shelly Yachimovich on Thursday attacked economic ministers Kahlon and Deri, whom she said should have prevented the advancement of the Israeli government’s new offshore gas agreement with several energy companies, including Delek and Noble Energey.

Prime Minister Benjamin Netanyahu and Energy Minister Yuval Steinitz introduced the outline that was obtained Wednesday night with the gas companies over the sale of offshore gas to the Israeli market.

In an interview on Army Radio, Yachimovich said: “I say to both Finance Minister Kahlon and Economy Minister Deri — I’m disappointed in you. You have betrayed the public’s trust.”

She accused the two ministers of having earned their tickets into politics during the last election campaign on social and economic issues, and then reneging on their voters.

Yigal Landau, CEO of Ratio Energy that owns 15% of the Leviathan offshore field, said that if the outline is now rescinded by the legislator, there would be serious consequences for the Israeli market as a result.

“This does not mean that Noble Energy (of Houston, Texas) will walk away from such promising property,” Landau explained, adding: “The story is very simple — it would become impossible to raise and invest the necessary billions without which we will continue to ramble on, but the gas will stays at the bottom of the sea.”

According to the agreement reached, the base price per unit will be between $4.7 and $5.5, linked to the electricity production components’ costs. The outline will be brought to the cabinet for approval on Sunday.

“I thank this team for reaching an agreement that will earn the citizens of Israel hundreds of billions of shekels in the coming years,” Prime Minister Netanyahu said Thursday afternoon, adding, “This money will be used for health, education and welfare and therefore it will help us to lower the cost of living.”

Energy Minister Yuval Steinitz said: “With the approval of the outline, we will start moving forward the development of Leviathan, Karish and Tannin, creating competition and dismantling the [energy] monopoly.”

“We have indeed added several changes to the outline in the areas of prices, milestones for the development of Leviathan and certain changes in the article dealing with [the project’s] stability,” Steinitz explained.

Printed from: http://www.jewishpress.com/news/breaking-news/senior-opposition-leader-attacks-netanyahus-new-gas-deal/2015/08/13/

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