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Israel Approves Drilling For Oil In Golan Heights
| The times, they are a-changing. |
Israel awarded the first license to drill for oil on the Golan Heights, local media reported Thursday. A New Jersey-based company was awarded the license, covering half the area of the Golan from the latitude of Katzrin in the north to Tzemach in the south.
| Israel considers it Israel proper no matter what the Syrians think. |
Sources informed ''Globes'' that, a few days ago, the Ministry of Energy and Water Resources' Petroleum Council recommended awarding the license to Genie Energy Ltd., headed by former minister Effie Eitam. Shareholders include chairman Howard Jonas, Lord Jacob Rothschild, and Rupert Murdoch. Former US Vice President Dick Cheney is an adviser.
| The JPost has to work in Cheney, Murdoch and the Rothschilds so that you'll know whose side you're supposed to be on... |
The process of granting the license began following geological tests, which indicated a large potential oil discovery in the southern Golan Heights.
| Seems like there is oil just about everywhere there. Plenty of oil and NG in the eastern Med basin between Israel, Lebanon and Cyprus, so it shouldn't be a surprise that there is oil in the Golan. What about in northern Israel? Find oil there and the Israelis could really have something. |
On the basis of the findings, last summer, Minister of Energy and Water Resources Uzi Landau declared the Golan as open for oil and gas exploration and production activity. Following the announcement, two license applications were filed with the Petroleum Commissioner for the southern Golan, an area of thousands of hectares.
Posted by: trailing wife 2013-02-24 |
