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Gas Starts Flowing from Israel's Levant Basin, What Now?
OilPrice.com via Rig Zone ^ | April 05, 2013 | James Stafford|

"Israel has the upper hand right now in terms of development and production, but it lacks the infrastructure without Turkey.

Israel was originally hoping to lay a pipeline that would traverse both Cyprus and Turkey, but there are too many political pitfalls to this plan (whichwould essentially mean a final resolution to the Turkey-Cyprus spat). The ideal would have been a pipeline that connects all the Levant Basin resources—including Lebanon, Israel, Cyprus and Turkey—but this is the stuff of geopolitical dreams.

In the end, it is shaping up that an Israel-Turkey pipeline is not only possible, but coming to fruition."
http://www.freerepublic.com/focus/f-news/3005322/posts

"Windows and doors are closing". Kerry negotiating price now. Obamites to bring "peace and security" to Israel. What a legacy!

1 posted on 04/08/2013 8:03:36 AM PDT by haffast
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To: haffast
Israel would be foolish to build any structures that cross Muslim lines as the Muslims will spend far more effort to destroy than to build.

I also believe that it may be a mistake to spend money to export LNG as the liquefaction plants are very expensive, very fragile in a terror enviroment, and its looking like there will be a glut on the market in the future as fracking spreads through the industry.

My bet would be to quietly develop the fuel source for the use of the Nation and expand business from the source of cheap fuel. Israel has always had to compete with Europe while paying much higher oil prices. Just developing the infrastructure to take advantage of Natural Gas could put and afterburner on the economy.

Israel should use its Natural Gas for Israel, and invest in itself. (IMHO)

2 posted on 04/08/2013 8:31:15 AM PDT by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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