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| Israel-Palestine-Jordan |
| Natural Gas Bonanza for Israel, Possible Oil Field as Well |
| 2010-06-13 |
| A survey of the natural gas field off the shore of Haifa is to be released Thursday evening in the United States. According to the Globes financial journal, the field has been discovered to be even larger than previously thought. The field's estimated size has grown several times as more surveys are conducted. In mid-2009, Yitzchak Teshuva, controlling shareholder who invested in developing the field, originally said the gas reserves could allow Israel to be self-sufficient in energy for two decades, but now it seems that this was a conservative estimate. Teshuva said Thursday, "The results indicate that in addition to the gas, there are signs of oil at a greater depth. We have turned Israel into a great energy power. Today is a holiday for every citizen of Israel. It's a day of joy," He proceeded to say the Shehecheyanu blessing for new and happy tidings. Partners in the project plan to make their first deliveries of gas in 2012. Companies involved in the project include Noble Energy, Delek Drilling, and Isramco. Globes also stated that Noble Energy is planning to bring another offshore platform to Israel. The platform will be imported from the Gulf of Mexico. A massive oil spill in the Gulf of Mexico has left several companies unable to operate their drilling platforms in the area. For that reason, Noble Energy was able to secure a long-term lease deal for the platform at an unusually low rate. |
| Posted by:tipper |
| #9 Suggest not to have BP be the prime contractor.... |
| Posted by: 3dc 2010-06-13 20:33 |
| #8 Partners in the project plan to make their first deliveries of gas in 2012 From a standing start, Israel can start gas deliveries in about two years. How come our legislators claim it will take three over here in the US of A? Good job on exporting the offshore rigs, Ombarrassment. How long will it take to manufacture a new one to replace it? How much work has to go into manufacturing it? What else could have been manufactured in its place, aside from another oil platform to reduce our oil dependence that directly funds terrorists? |
| Posted by: gorb 2010-06-13 14:48 |
| #7 Too dangerous too drill. Best to sit quietly and hope for the best. |
| Posted by: Shipman 2010-06-13 13:49 |
| #6 We have turned Israel into a great energy power VERY GOOD! The platform will be imported from the Gulf of Mexico. A massive oil spill in the Gulf of Mexico has left several companies unable to operate their drilling platforms in the area. For that reason, Noble Energy was able to secure a long-term lease deal for the platform at an unusually low rate NOT SO GOOD! Thanks a heap, Barry. |
| Posted by: DMFD 2010-06-13 12:12 |
| #5 Good Radar Frank G!. Why now when this information about oil has been known for some time now. Reference to oil rigs- sublease platforms to China or some other country. Then whatever they do will go unnoticed. |
| Posted by: Dale 2010-06-13 11:49 |
| #4 The downside to this is it would kill off that old joke about the Jews wandering around in the desert for 40 years until they found a place in the Middle East without any oil. |
| Posted by: SteveS 2010-06-13 11:41 |
| #3 I would be careful of boastings like this. I always start to smell a rat. |
| Posted by: Phosing Big Foot3926 2010-06-13 11:08 |
| #2 I'm surprised they haven't found a large oil field previously in Israel. Large clumps of tar regularly seep up in the Dead Sea, with the old Roman name of 'Lake Asphaltis'. Same origin of the regional name 'Palestine', btw. |
| Posted by: Lumpy Elmoluck5091 2010-06-13 10:45 |
| #1 An outrage! Everyone knows the seabed off the Haifa coast is the 4,387th holiest place in Islam |
| Posted by: Frank G 2010-06-13 10:13 |