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September 28, 2016 / 25 Elul, 5776

Posts Tagged ‘Natural gas’

Report: Terrorists Tried to Attack Israeli Gas Rig during War in Gaza

Monday, December 7th, 2015

A security official told a Knesset committee the attack during Operation Protective Edge missed its objective of blowing up the rig.

Terrorists in Hamas-controlled Gaza tried to blow up an Israeli oil-shore gas rig during the Protective Edge counter-terror campaign last year, a government official told a Knesset committee.

During the war, as JewishPress.com reported, Hamas claimed to have targeted the Noa offshore gas rig.

Yossi Cohen, who heads the National Security Council, revealed to the Knesset Economics Committee that there have been several attempts to attack offshore rigs, according to Globes.

The Knesset hearing was focused on the controversial gas agreement that Opposition parties are fiercely protesting. Cohen said that Israel must protect the rigs and explained:

We are procuring naval warfare vessels designed for this. The navy is prepared to protect the rigs…. Already during Operation Protective Edge there were attempts to hit our rig but fortunately their weapons are not accurate enough and did not succeed in hitting the rig.

But the weapons in the hands of the terror organizations surrounding us are already more sophisticated and accurate and our vulnerability has increased.

A direct hit on an offshore platform would scare investors away from Israel, sink the shekel, cripple offshore gas supplies and exports and throw the country into a deep recession.

Hezbollah is considered one of the major enemies that would try to wreak havoc with the Israeli economy if war breaks out across the northern border.

Lebanon has claimed rights to Israel’s oil and gas discoveries and has threatened to use force, which practically speaking means using Hezbollah’s advanced weapons and intelligence.

The Jewish Press.com reported here last week that Israel has developed a missile designed to protect offshore rigs not only locally but also for the global energy industry.

 

 

 

Tzvi Ben-Gedalyahu

Israel’s Leviathan Developers Ink Gas Deal With Egypt

Sunday, November 29th, 2015

Developers of the mammoth Leviathan natural gas field beneath Israel’s Mediterranean coastal waters have inked a deal with Egypt. It’s a deal that has had Israel’s government — and that of Cairo — holding their collective breath for months.

Leviathan will start pumping the natural gas to Egypt beginning in 2019 or 2020, for up to 15 years, according to the agreement. The price of the gas includes a floor price and is to be linked to the cost of Brent oil, Reuters reported.

The Leviathan developers and Egypt’s Dolphinus Holdings agreed in last week’s letter of intent to negotiate the terms on the final deal.

Natural gas will be pumped from Leviathan to the Dolphinus Holdings via an existing underwater pipeline, Dolphinus and the Leviathan developers said in a statement to the Tel Aviv Stock Exchange (TASE).

The pipeline was built nearly 10 years ago by East Mediterranean Gas (EMG) when gas was being piped from Egypt to Israel. At the time, EMG had been managing an Egyptian-Israeli gas agreement. But that deal collapsed in 2012 after unending terrorist attacks ended the flow in the gas pipeline that ran through the Sinai Peninsula.

Leviathan, which holds an estimated 622 bcm of gas, is being developed by the Texas-based Noble Energy and Delek Group through Delek Drilling and Avner Oil and Gas. Dolphinus represents Egypt’s non-governmental, industrial and commercial consumers.

“We’ve worked with Dolphinus before and we expect to reach a final agreement quickly,” Yossi Abu, CEO of Israel’s Delek Drilling told Reuters.

“The Egyptian market is thirsty for gas, both for domestic use and for their export facilities. There is a lot of room for cooperation there.”

Dolphinus already agreed earlier this year to a seven-year deal to purchase at least $1.2 billion of natural gas from the Israeli Tamar gas field.

Leviathan is located close to the Tamar field. Cyprus also has a role in some gas field development with Israel as well; the two countries share a common basic with Egypt which gas discoveries have been made.

In addition, the Italian company ENI announced in August of this year that it had discovered one of the largest gas fields in the world off Egypt’s Mediterranean coast. The reserves are estimated at about 30 trillion cubic feet of natural gas, the equivalent of about 5.2 billion barrels of oil.

Abu noted that the discoveries, together with Egypt’s cooperation, have created a natural leadership role in the region for Cairo.

“Egypt is becoming a regional hub through cooperation with the Leviathan and Tamar partners, and together with Israel and Cyprus,” he said.

According to the U.S. Geological Survey, the eastern Mediterranean contains huge gas reserves – estimated at approximately 122 trillion cubic feet.

Hana Levi Julian

Netanyahu Meets with Italian Energy Company on Gas Fields

Thursday, October 29th, 2015

 

Prime Minister Benjamin Netanyahu spoke with Thursday morning with the CEO of Italy’s state energy company ENI, Claudio Descalzi to discuss off-shore gas fields.

ENI recently shell-shocked Israel’s dreams for getting rich over natural gas by announcing the discovery of a gigantic gas field off the Egyptian coast, a find that is far larger than Israel’s off-shore fields that in themselves were huge.

Prime Minister Netanyahu made the following statement after the meeting:

As part of the growing strategic cooperation between Israel and Italy in a variety of fields, I see great importance to cooperation with Italy also in the field of energy.

He and Descalzi discussed new developments in the eastern Mediterranean basin gas fields, including ENI’s new discovery, and spoke about the future development of the gas fields in Israel’s waters.

They agreed to continue to promote the common interests of the countries and major energy companies in the region, including joint development or transfer of natural gas to different consumers.

Israel’s new infrastructure for Israeli gas might be able to be used by ENI to help transport gas developed off Egypt’s coast.

ENI’s CEO presented the importance of synergies in joint development of natural gas in the eastern Mediterranean through future allocation of resources, as well as through export and transport infrastructure of Israel’s gas.

Jewish Press News Briefs

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.

Jewish Press News Briefs

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.”

Jewish Press Staff

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.

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Tzvi Ben-Gedalyahu

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?

Garbage.

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.

Racist!

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.”

Tzvi Ben-Gedalyahu

Printed from: http://www.jewishpress.com/news/breaking-news/arab-knesset-member-damns-leftists-as-rich-racists-who-feign-peace-video/2015/09/07/

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