Gazprom ‘mulls joining Israel’s gas boom’

Posted: March 4, 2012 in energy, geopolitics, israel, politics, Russia
Tags: , , , , ,

Russia’s Gazprom, the world’s biggest energy conglomerate, is reportedly  sending top executives to Israel to discuss a partnership in the country’s  offshore gas fields, a move likely to heighten tension over an energy bonanza in  the eastern Mediterranean.

Ynet, the English-language Web site of Israel’s Yediot Ahronot  mass-circulation Hebrew daily, said a Gazprom team has scheduled meetings with  the consortium that made major strikes in 2009-10 and expects to make more.

This consists of the Noble Energy Inc. of Houston and Israel’s Delek Group  headed by tycoon Yitzhak Tshuva.

The Russians reportedly are interested in a partnership in the Leviathan  field, the biggest gas zone found so far in Israel’s exclusive economic zone. It  contains an estimated 16 trillion cubic feet of gas. The next biggest field is  Tamar, which contains an estimated 8 tcf.

Read more:

In the bowels of power in every country right now there is a map with a target painted on the Levant Basin. Look for this area to be warzone soon.

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