Digital imgaing of gas fieldDigital Imaging (Lerman Architects)
'Israel has enough gas to last 150 years'
Bloomberg news
agency says explorations under Mediterranean Sea have uncovered $240
billion worth of gas, which is far more than can ever be used in Israel
Gas exploration companies Noble Energy Inc.,
Delek Group Ltd.
and others have discovered enough natural gas to supply Israel’s
domestic needs for the next 150 years, an investigative report published by Bloomberg news agency claimed on Saturday.
"The gas would be worth about $240 billion, equal to Israel’s
annual economic output, based on today’s prices in the UK," the report
claimed.
Strategic Assets
NIS 3B needed for gas rig defense plan / Yoav Zitun
Plan will
create IDF 'extension' 180 km off Israel's shores; entails use of at
least seven ships. Major manpower, constant patrolling included in bid
to protect 'strategic asset'
The report described Israel's ongoing debate over how to manage the gas discoveries. While many in Israel are lobbying to prevent exports
and instead store gas reservoirs for times of need, others have called to make quick profits
from gas exports by pipeline or ship.
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