TV News LIES

Thursday, Apr 19th

Last update05:20:13 AM GMT

You are here News Energy Energy Hegemony: Israel Eyes Lebanon’s Offshore Gas Reserves

Energy Hegemony: Israel Eyes Lebanon’s Offshore Gas Reserves

E-mail Print PDF

“We are not obliged to state the limits of our State.” – David Ben Gurion, 14 May 1948

In all regional disputes, big or small, Israel will invariably threaten or implement violence. It is the preferred method of conflict resolution. The recent discovery of natural gas reserves in Lebanese territorial waters, and Israel’s claim to them, is no exception.

It didn’t take long for Israeli infrastructure minister Uzi Landau to raise the prospect of war. That is, if Lebanon attempts to prevent his country from exercising full control over the field despite portions apparently falling within Lebanon’s exclusive economic zone.

In the latest spat between the two countries still technically at war, one can see how the situation might deteriorate. Indeed, Landau’s threat was one Prime Minister Netanyahu endorsed with his silence.

For Lebanon, the stakes are enormous; potential revenue from tapping into oil and gas reserves would help finance a staggering debt accounting for nearly 150 percent of the country’s gross domestic product.

More...


Most Recent Related Stories...


Oil industry falls out of love with Trump

Oil and Gas fall out of love with TrumpThe oil and gas industry’s relationship with President Donald Trump is cooling off. The administration’s 25 percent...

Emergency official: 5 missing after Oklahoma rig explosion

Oklahoma rig explosionFive people are missing after a fiery explosion ripped through an eastern Oklahoma drilling rig Monday...

Watchdog: Texas company illegally charged Energy Dept. $2.5 million in expenses

Summitt Texas Clean Energy charged illegal fees to US gov.t A government watchdog has found that a Texas energy company likely charged the Department of Energy $2.5...

Wholesale energy prices dip below zero because of California’s solar power

Solar power in CaliforniaSolar power shines bright in California, and wholesale energy prices prove it. Last winter and early...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!