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.
Bible Truth & Prophecy announces:
Middle East Revollutionary Turmoil
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. (Photo credit: Wikipedia)|