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ISRAEL GAS and OIL
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CJ
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PostPosted: Mon Apr 07, 2014 5:00 am    Post subject: ISRAEL GAS and OIL  Reply with quote




ISRAEL GAS

EU should buy gas from Israel
April 7, 2014  Israel gas more attractive amid Ukraine crisis

The political crisis in Ukraine has further encouraged the belief that Eastern Mediterranean natural gas will play a key role in diversifying Europe energy supply and loosening Russian grip over its natural gas market. Israel in particular has made important offshore gas discoveries that could potentially be directed towards a Europe looking for ways to reduce its dependence on Russia.

With substantial discoveries off its shores, Israel has the ambition to satisfy some of Europe’s gas needs. The Tamar field located in Israel’s EEZ 80 kilometers west of Haifa was discovered by Noble Energy in 2009. The field has gross mean resources of 10 trillion cubic feet (tcf) of natural gas and came online in 2010. With gross mean resources of 19 Tcf, the Leviathan field represents the largest exploration success in Noble Energy’s history. It was  discovered in 2010 about 135 kilometres from the Israeli port city of Haifa in waters 1,600 metres deep. Gas production from the Leviathan is expected by 2017-2018.

Noble Energy has also made a natural gas discovery offshore Cyprus. The Aphrodite field was discovered in late 2011. The Cypriot government had high hopes that substantial amounts of natural gas in the Aphrodite field in Block 12 of Cyprus’ EEZ would allow it to build an LNG terminal in its Vasiliko coastal site. In October 2013, Noble made an announcement following its appraisal drilling downsizing the field to a range of 3.6 tcf to 6 tcf with a gross mean of 5 tcf, less than earlier tests had suggested. The revised estimates and Israel’s uncertainty around its export options led the Cypriot LNG plan to be put on hold until further exploration activities in Cyprus’ waters commence.
http://www.naturalgaseurope.com/eastern-mediterranean-ukraine-crisis


Israeli gas could benefit EU
Gas exports from Israel to Europe would be “nice to have, but Europe will remain very dependent on Russian gas
http://www.jpost.com/Enviro-Tech/...ence-on-Russia-experts-say-344624

The European Union, which is trying to reduce its dependence on Russia for gas and diversify its supply sources, is eyeing Israel as a likely alternative and has proposed linking it to the Trans-Adriatic Pipeline
http://www.platts.com/latest-news...els-gas-supply-via-trans-26007931

The Strategic Impact of Israel's Export of Natural Gas
Israel will become a net exporter of gas.
http://www.jewishpolicycenter.org/4064/israel-natural-gas-export

Egypt to buy Israeli gas via Greek Cyprus
Egypt may be looking to purchase Israel natural gas via Greek Cyprus in return for Israeli use of an Egyptian liquification plant.
http://www.worldbulletin.net/?aType=haber&ArticleID=123968

THIS thread is for Israel Gas and its deals with other nations

Israel, Cyprus, Turkey Gas, oil War in Mediterranean
I began this January 2012 for the war over gas - hook in jaw?
http://cj.myfreeforum.org/about2681.html

Ukraine
http://cj.myfreeforum.org/about137.html


              Posted   <*))))><   by  

ZionsCRY  NEWS with Prophetic Commentary
http://cj.myfreeforum.org/forum10.php




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BornAgain2



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PostPosted: Mon Apr 14, 2014 10:11 am    Post subject: Reply with quote

New-found Israeli gas to bring political benefits
4/14/14

Israeli gas wealth could improve regional relations but will likely deprive Europe of new, alternative supply for Russian imports. Israel's drive to export its new-found natural gas could help to rebuild strained ties with old regional allies Egypt and Turkey, but could deprive Europe of a precious alternative to Russian gas.

Israel has in recent months already signed energy deals with Jordan and the Palestinian Authority, though relations with the Palestinians are at a low ebb, and now needs to expand its export horizons to cash in on its huge energy discoveries. If all goes well, the latest developments could see first pipelines being laid between Israel and Turkey as soon as 2015. Gas cooperation between Israel and Egypt is also on the agenda, which would allow export access to Asia's major markets.

A growing population and soaring demand have left Egypt's own liquefied natural gas export (LNG) plants in need of new supply, as domestic shortages eat into seaborne exports through the Suez Canal to the world's most lucrative market in Asia. This has put Israel's previous plans to pump its gas reserves into a future export plant in Cyprus on the back burner, dealing a major blow to the indebted Mediterranean island's ambitions to become a global player in the gas market.

A Cypriot LNG export plant was due to deliver at least 5 million tons a year to Europe and Asia, allowing Europe to reduce its growing dependency on Russia, which has become of particular concern since the crisis in Ukraine cast a Cold War chill over East-West relations.

more:
http://www.ynetnews.com/articles/0,7340,L-4510053,00.html
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PostPosted: Thu Aug 21, 2014 8:22 am    Post subject: Reply with quote

Australia quits Israeli gas deal
May 21, 2014
Australian energy giant Woodside Petroleum pulled out of the massive Leviathan gas joint venture off the coast of Israel.
Woodside Petroleum was to take 25% stake in Leviathan project, run all downstream gas production.
Woodside chief executive Peter Coleman said negotiations failed to reach an acceptable outcome.

“I would like to acknowledge and thank the Leviathan Joint Venture participants and the Israeli government for working with us.”
Talks were drawn out as the Israeli government drew up a policy for gas exports. It finally approved the export of up to 40% of what it extracts from Leviathan and another field, Tamar, off its Mediterranean coast.
http://www.timesofisrael.com/aust...-pulls-out-of-israeli-gas-venture


Israel Gas Sales to Egypt
August 21, 2014
One-time enemies Egypt and Israel are negotiating gas deals that may mean the sale of $60 billion in Israeli natural gas to Egypt.
Noble Energy Inc. (NBL) and Israel Delek Group (DLEKG) plan to deliver gas from the Tamar and Leviathan offshore fields to LNG facilities in Egypt Damietta port and the coastal town of Idku. Executives said this week they expect to finalize the agreements by year-end.
http://www.bloomberg.com/news/201...arket-via-pipelines-to-egypt.html
http://mobile.bloomberg.com/news/...arket-via-pipelines-to-egypt.html


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PostPosted: Tue Sep 30, 2014 12:32 pm    Post subject: Reply with quote

Israel natural gas deal with Jordan
Sept 4, 2014  
Israel will sign a $15 billion deal to supply
natural gas from its Leviathan field to Jordan for 15 years.
http://www.israelhayom.com/site/newsletter_article.php?id=19857


Israel's Natural Gas Fields
Sept 30, 2014  
30 years ago an oil rig was erected in the Mediterranean just south of Haifa by an American Christian company.  (Zion Oil & Gas)
The CEO was certain he’d find huge quantities of oil beneath the western border of that tribes ancient territory. (Deut. 33:24)

15 years later, Israel discovered vast natural gas fields in the depths of the Mediterranean.
The Leviathan field is the largest.
http://www.israeltoday.co.il/NewsItem/tabid/178/nid/25370/Default.aspx
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PostPosted: Tue Oct 07, 2014 8:20 pm    Post subject: Reply with quote

Exclamation

http://news.yahoo.com/israel-beat...rought-water-spare-230154111.html
How Israel Beat a Record-Breaking Drought, With Water to Spare
10/6/14

AUSTIN, Texas—Israel is a desert country suffering through a devastating drought. And it has so much water it’s considering exporting the excess.

How Israel went from being chronically water stressed to banking water surpluses offers lessons for the United States and other drought-stricken regions of the world.

“Israel has been in drought since forever,” Arie Brish, a consultant to Israeli water authorities, said at a presentation at the SXSW Eco conference on Monday. “Today, most people in Israel, when they start their shower, there’s a pot to collect water and they use that water to water plants at home. It’s showers to flowers.”

The country also uses drip irrigation to send water directly to the roots of crops rather than spray water on the surface, where it evaporates. Nearly all the country’s gray water—from dishwashers, washing machines, and toilets—is recycled for irrigation.

(Texas, in contrast, only drip-irrigates about 3 percent of its crops, according to Kevin Wagner, associate director of the Texas Water Resource Institute, a state-chartered organization.)

Conservation may be ingrained in Israelis from childhood, but the construction of five massive desalinization plants since 2008 has allowed the country to become water-secure, according to Brish.

“Israel is now talking about exporting water to Turkey,” he said.

Desalinization plants are usually built as a last resort because of the huge amounts of expensive energy required to run them; electricity can account for 30 percent of a plant’s costs.

While it takes about 1,400 kilowatt-hours to deliver 1 million gallons from a river or a lake, as many as 16,500 kilowatt-hours are required to produce the same amount of water from desalinization, according to Michael Webber, a University of Texas professor and an expert on water and energy issues.

Israel has lowered those costs by using newfound natural gas reserves to power its desalinization plants and by only operating them when power prices fall, such as at night. Another option: building wind farms near desalinization plants to supply renewable energy. Because Israel is so efficient in its use and conservation of water, it only relies on desalinization for a quarter of its supply.

But the country has advantages the U.S. and other countries simply cannot replicate. The government owns all the nation’s water—even the rain that falls on a backyard cannot be diverted for private use—and one central authority makes all decisions, in contrast with the thousands of water agencies in the U.S.

Given that Israel is only a bit bigger than New Jersey geographically, not much energy must be expended to transport that water.

In fact, noted Brish, a single nine-foot-wide, 100-mile pipe delivers water from one end of the country to the other.
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PostPosted: Wed Oct 08, 2014 7:15 am    Post subject: Reply with quote

Israel Desalination
October 8, 2014
Texas-Israel partnership pays off in power and water security.
Years of providing water in a country that’s 60 percent desert have made Israel a technological leader in the field, a model for California.
Desalination of sea water, reuse of treated sewage for agriculture, software creating an early-warning system for leaks, computerized drip irrigation and careful accounting of every drop have become the norm in Israel, the world’s 40th biggest economy.
Israel is helping to build the largest seawater desalination plant in the West North of San Diego.
It will be able to provide 50 million gallons of potable water a day.
http://www.dallasnews.com/busines...f-in-power-and-water-security.ece
http://www.bloomberg.com/news/201...lifornia-not-to-fear-drought.html
http://www.jpost.com/Enviro-Tech/...-percent-capacity-for-2014-336935
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PostPosted: Fri Feb 20, 2015 8:15 am    Post subject: Reply with quote

ISRAEL GAS
Noble must sell off stakes in Tamar gas field
Israel moves to restructure ownership over natural gas fields: Israel's Delek will be forced to sell of shares of Tamar field, while Noble Energy will accept restrictions on ability to intervene in sales conditions.

The proposal called for Delek to sell its shares in the Tamar field and Nobel dilute some of its shares, as well as accept a cap on local sales prices for the next five years.

Noble and Delek have already agreed to sell their licenses to two nearby smaller gas fields – Tanin and Karish – though it is unclear whether this agreement still stands, as it was made as an initial concession to regulators.
Together the companies say they have invested about $6 billion in Israel and they had planned to spend another $6.5 billion to develop Leviathan.
http://www.ynetnews.com/articles/0,7340,L-4628634,00.html


Noble suspends Israel investments
February 20, 2015  -  Noble Energy
will not further invest in offshore natural gas operations in Israel until Jerusalem settles a regulatory dispute regarding the Leviathan and Tamar fields in the eastern Mediterranean.  Noble still intent on completing project in Ashdod in the first half of 2015.

Israel decided to restructure the private ownership of Tamar and Leviathan, its two biggest natural gas fields, a move which will see new regulations put in place to break what Israel's anti-trust authority deemed a monopoly.

Noble and Delek are the largest stakeholders in Israeli gas fields. Israel will regulate prices on natural gas sales until the ownership restructuring is complete, followed by a cap on sales prices for the next five years.

The government is working to create an ownership structure in which the remaining gas in the Tamar field will be opened up to a new company and the two's additional partner – Isramco.  Thus, the state hopes to create competition between the two large fields, by preventing those running the fields to influence the sales and practices of the other fields, de facto decentralizing the new and lucrative market.
http://www.ynetnews.com/articles/0,7340,L-4628805,00.html
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PostPosted: Mon Apr 13, 2015 7:23 am    Post subject: Reply with quote

Smile   Israeli Natural Gas covered cost of defense
April 13, 2015
-  Israel’s domestic production of natural gas countered the economic losses from Operation Protective Edge 2014 summer war with Hamas Gaza.

The Bank of Israel reported the production of natural gas from the Tamar field contributed 0.3 points to Israel’s GDP growth in 2014 and 0.8 points 2013. The production thus neutralized the negative economic effects of the summer war with Gaza.

Israel’s 2014 surplus amounted to $9 billion, 3% of their GDP. This was an increase over recent years, with the surplus in 2013 being $6.9 billion, and $2.1 billion in 2012.  This is a direct result of the start of gas production from the Tamar field.
http://www.algemeiner.com/2015/04...onomic-effects-of-protective-edge

Operation Protective Edge was the IDF DEFENDING Israel against Hamas repeated missile attacks on civilians.
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PostPosted: Thu Aug 13, 2015 7:31 am    Post subject: Reply with quote

Israeli economy grew 7% in 2014 4th quarter
April 20, 2015
JNS.org -   The Israeli economy grew 7 percent in the last quarter of 2014, its highest rate of growth in recent years, Israel’s Central Bureau of Statistics reported.
In the third quarter of 2014, the Israeli economy grew 0.3 percent while the war with Hamas was ongoing.
http://www.algemeiner.com/2015/04...-growth-in-fourth-quarter-of-2014


Major Offshore Gas Deal with US Noble
August 13, 2015
-  Israeli PM Binyamin Netanyahu and Energy Minister Yuval Steinitz are holding a press conference in Jerusalem in light of conclusions reached with the natural gas companies.
Netanyahu said, “The outline that was achieved places Israel’s economy and society in the center.  I thank Minister Steinitz and the team for the outline that will bring hundreds of billions of shekels into Israel in the coming years.”
http://www.israelnationalnews.com/News/Flash.aspx/333707#.Vcxo0LJVhBc



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