A new beginning for Israel and the European Union? (Israel has gas to export)

JNS ^ | October 11, 2022 | BY DMITRI SHUFUTINSKY

[dennisw]

After a decade, the E.U.-Israel Association Council met. Although ties are improving, the question of Palestinian statehood persists.

Government ministers from Israel and the European Union met on Oct. 3 for the first “Association talks” since 2012. Intelligence Minister Elazar Stern headed the Israeli delegation at the E.U.-Israel Association Council session in Brussels.

Established in 1995 and first operating in 2000, the group has not met since July 2012, in part due to differences in views over Jewish communities in Judea and Samaria, commonly known as the West Bank. Bouts of violence between Palestinians and Israel, along with the COVID-19 pandemic, frequent Israeli elections, and problems within the E.U. further delayed any such meetings.

“The Europeans need to diversify their sources of natural gas, and Israel is a natural regional partner in this regard and a key player.

Energy and Iran Perhaps the biggest challenge Israel faces regarding its relationship with Europe is Iran. The European Union, in particular France and Germany, has sought increased diplomatic engagement with the Islamic Republic in the form of a nuclear deal. Great Britain, which left the European Union in 2020, has also been pushing for engagement with the Islamic Republic.

Between the protests raging in the country, its military support to Russia, and its missile strikes in Iraqi Kurdistan, there is a growing understanding in Brussels that appeasing Iran might not be moral or possible,” he added.

“Even though European countries prefer diplomacy and oppose U.S.-Iran tensions, they see the war in Ukraine as potentially meaning the world will not become more peaceful. That means everyone understands that appeasing Iran has not helped and has only emboldened Russia and Iran.”

[dennisw]

“Money charges everything” Cindy Lauper
and
So does having gas and oil for sale to Europe. Though Israel just has gas to sell, and is expanding on this.

Plus Europe is awakening to the Iran-Russia alliance in the Ukraine war. Now Iran does not look like such nice guys to buy oil from.

[mac_truck]

Israel benefits from the ‘normalization’ of the Abraham Accords, but suffers from too much domestic political instability.

Its doubtful they’ll be successful in breaking the European perception that Israel is an apartheid state or that any deal with one Israeli government will survive the next election.

[circlecity]

I wouldn’t be surprised if the EU chose to let their people freeze rather than do anything to enrich Israel.

[Tupelo]

Israel now has something the EU desperately needs so now Israel is once again a dear friend and close ally.
Kinda like politicians, when they need my vote.

[kiryandil]

US diplomat: Mediterranean gas pipeline to Europe not viable
April 7, 2022
https://apnews.com/article/business-victoria-nuland-nicos-anastasiades-middle-east-europe-af9084f36c0ef14e69019dd1e52c4c8c

Sorry, Victoria Nuland put the kibosh on this in April of this year.

[SaveFerris]

Incredible

[dennisw]

LNG!

[kiryandil]

LNG!

The Israeli exports can join the queue of LNG tankers that can't unload because no regasification terminals...

[kiryandil]

The good news is that LNG is down to only six or seven times the price of pipeline natgas...

[dennisw]

Edumacate yourself——>>>

Is LNG more expensive than pipeline gas?
December 19, 2016/2 Comments/in Long Articles/by Rudolf Huber
https://www.methanist.com/lng-expensive-pipeline-gas/

[kiryandil]

You’re just embarrassing yourself.

[dennisw]

Read it an weep. I read it.

[SunkenCiv]

The rest of the keyword, sorted:

• Israel and Lebanon reach historic agreement, paving the way to potentially rich gas exploration [10/11/2022]
• Blinken: US will not be able to stop Israel if Hezbollah attacks over gas [09/25/2022]
• Biden Administration Kills Israel-to-Europe Gas Pipeline [07/20/2022]
  • President Biden Pledges Hundreds of Millions in Aid to Terrorist-Sponsoring Palestinian Regime [07/15/2022]
  • Joe Biden Uses U.N. to Call for Palestinian State: They Are 'Entitled' to It [09/21/2022]

  ---

• EU, Israel and Egypt sign deal to boost East Med gas exports to Europe [06/15/2022]
• European Commission president heads to Israel with gas deal in the works [06/12/2022]
• Europe Woos Qatar for an Alternative to Russian Gas [03/30/2022]

  ---

• Did You Know? Europe now has a natural gas oversupply (if you include ships waiting to unload) [10/24/2022]
• Wave of LNG tankers is overwhelming Europe in energy crisis and hitting natural gas prices [10/24/2022]
• EUROPE GAS-Prices fall on weak demand, mild weather, steady LNG arrivals [10/18/2022]
• Natural Gas Prices In Europe Fall To A Three-Month Low [10/10/2022]
• Poland and Norway open 'milestone' trans-Baltic gas pipeline [09/27/2022]
• New pipeline from Greece to Bulgaria offsets Russian gas cut [07/14/2022]
• Lithuania ceasing all Russian gas imports for domestic needs (first European country) [04/02/2022]

  ---

• China has stopped sales of LNG to Europe to make sure its own households have enough gas for the winter, report says [10/17/2022]
• China is reselling natural gas to energy-strapped Europe as its economic slowdown leaves it with a surplus, report says [08/30/2022]
• China locks in record long-term LNG deals to bolster energy security [07/10/2022]
• Cargo ships divert gas from China to Britain [12/28/2021]
• EXCLUSIVE: Hunter Biden Audio Confesses Partnership With China 'Spy Chief'... Joe Biden Named As Criminal Case Witness [10/27/2020]
• Hunter Biden Admits to Taking Diamond Bribe From Shady Chinese Businessman -- Media Silent [07/02/2019]

  ---

• Japan: No intention to withdraw from oil, LNG projects in Russia [04/02/2022]

  ---

• Turkey's Erdogan Romances Jews While Calling Them 'Hitler' - Opinion [09/13/2022]
• Greece warns allies of conflict with neighboring Turkey, suggesting a second European conflict [09/08/2022]
• Turkey warns Greece of 'heavy price' over island 'occupations': report [09/04/2022]
• Erdogan Blasts Israel For Defending Itself-The Turkish tyrant draws a dangerous red line. [08/16/2022]
• Hamas concerned about the relations between Turkey and Israel [07/27/2022]

  ---

• The U.S. Becomes World's Top LNG Exporter [07/26/2022]
• EU imports more US LNG than Russia's gas, first time in history -- IEA [07/01/2022]
• Soaring LNG Demand Creates Traffic Jam At Gulf Of Mexico Ports [03/19/2022]
• JUST IN - Biden set to ban imports of Russian oil, LNG, and coal without the participation of European allies as soon as today, Bloomberg reports. [03/08/2022]
• US becomes world's top exporter of liquified natural gas [01/05/2022]
• LNG Flotilla Carrying U.S. Gas Heading to Europe [12/22/2021]

  ---

• Did Russian hackers blow up a Texas LNG pipeline on June 8? [06/22/2022]
• Freeport (Quintana, Texas) LNG (Liquid Natural Gas) to shut down for three weeks minimum following explosion [06/09/2022]
• European Gas Soars After US LNG Terminal Explosion Halts Exports For Weeks [06/09/2022]

[kiryandil]

You're giving Mumsie a run for her money with the pinwheels-for-eyes thingee.

On top of the higher price for LNG, the added problem of "infrastructure is now fair game" has been added to the mix.

Read that and weep.      

[rmlew]

Without foreign interference, Israel and Cyprus could already be piping gas in to Europe.

[dennisw]

You should have read the link. LNG may be 7x more expensive today in Europe, than Putin’s gas was a year ago.
But actual price of LNG is $7 dollars more than pipelined gas. This taking into account liquification, shipping, re- gasification. Europe can deal with this and so can German manufacturing.

The world has many willing LNG sellers. You can tell by the LNG ships loitering, waiting to unload. Europe just has to build more LNG import terminals. Which it is.

[kiryandil]

You skipped economics in high school and college, and it shows.

[dennisw]

What clown academy did you not graduate from? Ringling Brothers?

[kiryandil]

You’d drive across town to pay ten bucks a gallon for gasoline to “Stick It To The Man”...