Wednesday, 7 May 2014

Israel the Oil and Gas Opportunity

The partners in Israel’s Tamar natural gas field said on Tuesday they had signed a letter of intent with Spain’s Union Fenosa Gas to export up to 4.5 billion cubic meters of gas annually over 15 years to the company’s liquefied natural gas plants in Egypt

Middle East Revollutionary Turmoil
2011 saw unparalleled historic events - most notably the massive political  &  social upheaval in the Middle East.  With the ' Arab Spring ' rattling through more than 14 separate nations in the Arab World ,  overthrowing longstanding governments  &  dictatorships  ( Tunisia , Egypt , Libya )  &  throwing others into chaotic civil wars ( Syria , Yemen )  it has created a  maelstrom of political dynamics  transforming this already volatile region into a tinder-box of instability   &  strategic uncertainty.  In 2013 ,  the continuing emergence of brutal terrorists groups such as  Al Qaeda , Al Nusra , ISIS , Ansar Al-Islam  has  further escalated the violence , bloodshed &  suffering in this troubled region.   These events are the  prelude  to the final global conflict , long prophesied in the Bible  &  centered around God's people , the tiny nation of Israel.

Since natural gas was first discovered offshore Israel in 1998, the country has seen the growth of an oil and gas industry that promises to provide not only an economic boost to the country itself but could also prove to be a diplomatic tool that can be used to build better relations with some of its neighboring states.

writes Jon Mainwaring,

From Ezekiel we learn that when Russia and the EU invade the Middle East they do so to take a "spoil", could Oil be the "spoil" they will be after? 

Map of oil and natural gas in Middle East.
Map of oil and natural gas in Middle East. (Photo credit: Wikipedia)
Read more about it in:

Israel's OIL and GAS Opportunity 03-05-2014: Israel the Oil and Gas Opportunity
Find also:
The 'Sanhedrin' - History, Relevance, Warning

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