A new battlefield is growing between Israel and Lebanon over mammoth gas fields discovered off the coast of Haifa.
The Houston-based Noble Energy firm, drilling for Israel’s Delek fuel group, has discovered billions of cubit meters of natural gas in the coastal waters of the Jewish State, catching the attention – and envy – of neighboring Lebanon.
Another, more recent discovery, the giant Leviathan energy field, promised a potential of some four billion barrels of “black gold,” and is also being explored by Teshuva’s group. If the discovery at Leviathan 1 is found to equal or exceed its initial assessment, Teshuva has said the gas reserves will transform Israel into an energy exporter.
However, Hizbullah terrorists and the Lebanese government claim that the Leviathan reserves lie in Lebanese territorial waters – and have threatened war over the energy field.
Hizbullah, already under pressure as it faces the likelihood of its members facing indictment for the murder of former Lebanese Prime Minister Rafiq Hariri, has warned it will defend what it believes are Lebanon’s oil and gas resources. Israel has vowed to retaliate for attacks on its oil and gas facilities.
One more step closer to war.
Wednesday, November 3, 2010
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