tag:blogger.com,1999:blog-807039862321845767.post3632296556204789369..comments2023-11-03T05:44:53.557-04:00Comments on Rational republic: Natural Gas RevisitedAnonymoushttp://www.blogger.com/profile/00826733025674909285noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-807039862321845767.post-43649912897515948042010-07-09T16:43:32.217-04:002010-07-09T16:43:32.217-04:00Ghassan;
I don't think Israel would try to com...Ghassan;<br />I don't think Israel would try to compete with Russia on supplying gas to Europe no matter how large the fields are.<br /><br />This is because of Russian aggressive behavior on such matters, the need to invest years and billions of $ into a pipeline network spanning hundreds of miles, etc'.<br /><br />But I definitely can imagine Israel trying to get more Russian cooperation on other matters (such as supplying advanced weaponry to Syria, Iran) in return for Israel not even trying to pursue such competition.<br /><br />The most likely consumers for Israeli gas are the Israelis themselves - switching to heavier reliance on gas for electricity (The new power station in Ashklelon), water desalination (already the major plants erected are powered by gas) and gas powered vehicle transport.<br /><br />For a country in perpetual conflict with the world’s major Oil producers, this is very important. Of course there may be export deals signed with various European countries as a “side-kick”, but not much more than that.<br /><br /><br />GGhttps://www.blogger.com/profile/18168005328006830529noreply@blogger.comtag:blogger.com,1999:blog-807039862321845767.post-92109416901130702772010-07-08T10:49:41.876-04:002010-07-08T10:49:41.876-04:00G,
I did not mean to imply that the Levant fiel...G, <br /> I did not mean to imply that the Levant field will place Israel-Lebanon above Russia in Natural Gas Reserves but I merely am floating the idea that if the USGS estimates are actualized then the levant will be larger than all of the 3 major Western European countries combined (UK, Netherlands and Norway).<br /> Natural gas, up until now, is difficult to ship long distances and so it is treated as a regional resource to some extent. That could mean that the best market for the natural gas from the Levant is Western Europe. <br /> This is pure speculation but if the quantity from the Levant field is large enough as to affect significantly the Russian exports to Western Europe would there be any repercussions?Anonymoushttps://www.blogger.com/profile/00826733025674909285noreply@blogger.comtag:blogger.com,1999:blog-807039862321845767.post-50644989901352789632010-07-08T04:21:59.703-04:002010-07-08T04:21:59.703-04:00Ghassan,
I don't think the gas reserves found...Ghassan,<br /><br />I don't think the gas reserves found in the area are significant enough to change the Russian, or Iranian position as leading exporters. Those countries proven reserves are one, if not two, order of magnitudes larger than the total (estimated!) Gas findings by Israel.<br /><br />The real significance for the region is the impact on Israel, Lebanon and Palestine's economies.<br /><br />If I were the Palestinian Authority, I wouldn't wait but negotiate an agreement with the Israeli gas finders now, giving them a right to future gas finds in the Gaza waters in exchange for a nice percentage. <br /><br />Even considering all you posted about drilling rights and gas fields across borders, I think Israel would be glad to reach a settlement on that front and the Palestinians sure need the financial independence this could offer now(provided they put it to good use).<br /><br />But like the Lebanese, I am afraid the PA may prefer to keep fantasizing about extracting it themselves without the means to do so while Israel will keep pumping the fields dry from its side of the border.<br /><br /><br />GGhttps://www.blogger.com/profile/18168005328006830529noreply@blogger.comtag:blogger.com,1999:blog-807039862321845767.post-32125922931961932182010-07-07T12:13:05.070-04:002010-07-07T12:13:05.070-04:00Anon, As I have indicated earlier the above map is...Anon, As I have indicated earlier the above map is not "official" although I think that it is pretty accurate. You are right that Tamar1 is totally within the Israeli sector. The fear is that this pool of natural resources spans the borders. If that is so then should one apply a principle of arbitration or should one use the Right of Capture? That is the rub.Anonymoushttps://www.blogger.com/profile/00826733025674909285noreply@blogger.comtag:blogger.com,1999:blog-807039862321845767.post-15535287874942846312010-07-06T04:52:20.329-04:002010-07-06T04:52:20.329-04:00Can you explain to me, how on earth Lebanon can cl...Can you explain to me, how on earth Lebanon can clain that those driliings belong to it?<br /><br />It's so obviously inside Israel.Anonymousnoreply@blogger.com