Tag Archives: natural gas

Egypt cancels gas contract with Israel – politics or economics?

Last week Egypt cancelled it’s long-standing gas-exporting deal to Israel, triggering a diplomatic and political crisis with grave economic implications for Israel (and possibly for Egypt too).  The cancellation is not a total surprise seeing as the gas pipeline has … Continue reading

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The enemy of my enemy, and with friends like these…

Recently there have been several strange and conflicting, not to mention confusing, items of interest regarding Israel, Turkey, the US, and Iran with its nuclear program. We first learned a few days ago that Azerbaijan had granted access to Israel … Continue reading

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Turkey’s natural gas supply fails temporarily; Israel discovers more offshore gas fields

Two parallel news items appeared in the last couple of days, and it occurs to me that if only the current political constellation in the Middle East were somewhat different, Israel could come to the rescue of Turkey. Today’s Zaman … Continue reading

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Israel’s new energy developments

In more good news that is a direct result of other good news, we read that an undersea electricity cable, the longest in the world, is to be laid between Israel, Cyprus and Greece, powered by Israeli and Cypriot natural … Continue reading

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Israel’s Tamar gas field to start producing gas in 2013

This excellent piece of news will also be the largest deal of Israel’s economy. (h/t Elder of Ziyon). The Israel Electric Corporation on Thursday received permission from the company’s board of directors to purchase natural gas from the Tamar gas … Continue reading

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International implications of Turkey’s provocation in Eastern Mediterranean gas dispute

A series of articles that I read over the last few days in the Turkish Hurriyet Daily sheds some interesting light on the Turkish-provoked argument between Greece, Cyprus, Israel and Turkey over natural gas resources in the Eastern Mediterranean. Turkey … Continue reading

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