Israel Gasses Up
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  • BrianFrankie

    To be clear on this, while Israel has not finalised the export laws, there is a clear expectation that the export path will be LNG. Nobel has brought in Australian LNG specialist Woodside to help commercialise the reserves:

    http://www.theaustralian.com.au/business/mining-energy/woodside-nears-israeli-gas-export/story-e6frg9df-1226630332642

    and planning for the Leviathan LNG project is moving ahead rapidly. Pipelines are a possibility I thin kit is easy to discount. A subsea line north across the Lebanese and Syrian coastal shelfs, through earthquake prone terrain, to a an only-nominally-friendly power – it is just too much risk to accept. LNG provides the flexibility Israel needs.
    I’ll give you good odds on an LNG announcement before the end of 2013.

  • Andrew Allison

    Cyprus is closer, and in need of revenue.

  • Darkwater

    Golda Meir used to joke that Moses and the Hebrews had wandered in the desert for 40 years and finally settled in the only place in the Middle East that had no oil. This seems like some partial recompense.

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