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peoli

(3,111 posts)
Fri Jul 18, 2014, 04:57 PM Jul 2014

Gaza: Israel's $4 billion gas grab

Never mind the 'war on terror' rhetoric, writes Nafeez Ahmed. The purpose of Israel's escalating assault on Gaza is to control the Territory's 1.4 trillion cubic feet of gas - and so keep Palestine poor and weak, gain massive export revenues, and avert its own domestic energy crisis.

Israel's defence minister is on record confirming that military plans to uproot Hamas' are about securing control of Gaza's gas reserves

The conquest of Gaza is accelerating. Israel has now launched its ground invasion, bringing the Palestinian death toll to 260, 80% of whom are civilians.

.....

But in 2007, a year before Operation Cast Lead, Ya'alon's concerns focused on the 1.4 trillion cubic feet of natural gas discovered in 2000 off the Gaza coast, valued at $4 billion.

Ya'alon dismissed the notion that "Gaza gas can be a key driver of an economically more viable Palestinian state" as "misguided".

The problem, he said is that "Proceeds of a Palestinian gas sale to Israel would likely not trickle down to help an impoverished Palestinian public. Rather, based on Israel's past experience, the proceeds will likely serve to fund further terror attacks against Israel ...

"A gas transaction with the Palestinian Authority will, by definition, involve Hamas. Hamas will either benefit from the royalties or it will sabotage the project and launch attacks against Fatah, the gas installations, Israel - or all three ...

"It is clear that without an overall military operation to uproot Hamas control of Gaza, no drilling work can take place without the consent of the radical Islamic movement."

http://www.theecologist.org/News/news_analysis/2482929/gaza_israels_4_billion_gas_grab.html
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Gaza: Israel's $4 billion gas grab (Original Post) peoli Jul 2014 OP
I posted this earlier this week - Shhhhhhhhhhhhhhhhhh! malaise Jul 2014 #1
Ayyiieeeee!!! Good job. Sorry I missed it. peoli Jul 2014 #2
K&R nt magical thyme Jul 2014 #3
Operation Protective edge is forecasted to cost 2.5 billion dollars. WatermelonRat Jul 2014 #4
K&R Go Vols Jul 2014 #5
They always claim ANY money going to Palestine "funds terrorism".... Spitfire of ATJ Jul 2014 #6
1.4T cubic ft is peanuts compared to 30T cubic ft in Israel's territorial waters. elias7 Jul 2014 #7
 

peoli

(3,111 posts)
2. Ayyiieeeee!!! Good job. Sorry I missed it.
Fri Jul 18, 2014, 05:17 PM
Jul 2014

Do you want me to delete this? I did a search under the title from the Ecologist and didn't find anything.

WatermelonRat

(340 posts)
4. Operation Protective edge is forecasted to cost 2.5 billion dollars.
Fri Jul 18, 2014, 06:02 PM
Jul 2014

If they outright reoccupy Gaza for the long term, it would be much higher. The costs far outweigh any potential economic gain.

 

Spitfire of ATJ

(32,723 posts)
6. They always claim ANY money going to Palestine "funds terrorism"....
Fri Jul 18, 2014, 07:22 PM
Jul 2014

Even money going to aid children.

elias7

(3,997 posts)
7. 1.4T cubic ft is peanuts compared to 30T cubic ft in Israel's territorial waters.
Sat Jul 19, 2014, 08:01 AM
Jul 2014

Israel has just reached agreement with Cyprus regarding territorial boundaries. Can't really accept the premise of the article.

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