Is Cyprus Wooing Israel?
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  • Jacksonian_Libertarian

    It is more likely that Cypriot gas will be liquefied in Israel, than that Israeli gas will be liquefied in Cyprus. Israel has over-riding security and political considerations, which will make the decision for them. Cheap energy is the Lynch pin of modern civilization. And Israel, unlike the Arab oil states, has the diverse economy and educated populace that can take advantage of cheap gas. Israel will be shipping and selling more than gas to all the local ports, it will be shipping chemicals and manufactured products built at a lower energy cost than any competitors can match.

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