Epstein Secrets

ain its interests and protect assets. Lebanese gas could help improve access to markets, because it would likely be processed at an LNG facility in Cyprus and exported from there. Israeli gas has the same potential, and the Supreme Court's decision to uphold the cabinet's allocation of 40 percent of t

ar shown a reluctance to let Russia become too involved in their natural gas sectors. The only operator agreement a Russian company has is with the Tamar consortium, but it is nonbinding and actual plans have not yet materialized. However, this will not deter Russian players from continuing to make m

0-percent stake in Leviathan in 2012, but was denied. Finally, in February it signed a letter of intent with the partners in the consortium for the Tamar field to finance an offshore LNG facility and sell the product for 20 years. Meanwhile, the recent confirmation that the Israeli government is talk

ed President Mohammed Morsi cut off the supply in early 2013. A third option would be to create a major liquid-natural-gas hub in conjunction with Cyprus, only 250 miles as the crow flies from Israel. The EFTA00705940 island nation has recently discovered its own huge offshore fields—more than 500

Arthur Herman EFTA00705933 They will feast on the abundance of the seas, and on the treasures of the sands. —Deuteronomy 33:19 1 March, 14 -- Tamar sits 56 miles off the coast of Israel, an offshore gas platform rising up from the Mediterranean like a white steel beacon whose roots reach down 1

dmor, chairman of the Delek Group, one of a consortium of companies that built the Tamar platform. Delek and its partners began extracting gas from Tamar in March 2013 and has been doing so with the natural gas from three other fields as well. Ten years ago, Israel was a country 80 percent powered by

ar issue. Lebanon has not yet begun looking for natural gas offshore, but it has agreed on, though not ratified, a maritime line with the island of Cyprus. Beirut has also reportedly sent the UN a map illustrating its view of where the Israel-Lebanon maritime border lies. Israel is now doing the same.

re gas discovery in the world last year, slated for export purposes -- lies in Blocks 349 and 350, south of Lebanon's reportedly claimed line. The Tamar field, intended for domestic consumption, lies similarly well south. Currently estimated at around 750 billion cubic meters, Israel's total natural

finds also have the potential to lead to breakthroughs in disputes that have long poisoned relationships between Turkey on one side, and Israel and Cyprus, which also has potential gas reserves in its waters, on the other. Getting to a resolution won't be easy, but with the right approach and support

e project: how to export the gas. The Leviathan field's estimated 510 billion cubic meters of gas, coupled with continuing production at the nearby Tamar site, are expected to fuel Israel's electricity generation, water desalinization and a new generation of energy-intensive EFTA_R1_02211218 EFTA02