TV News LIES

Tuesday, May 24th

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...


Portugal runs for four days straight on renewable energy alone

Portugal runs four days on renewable energyPortugal kept its lights on with renewable energy alone for four consecutive days last week in...

Solar plane reaches California after flight across Pacific

Solar plane crosses pacificA solar-powered airplane reached the San Francisco Bay area and performed a fly-by over the Golden...

Blast in Baghdad market kills at least 50

Baghdad blast kills at least 50A car bomb in a predominantly Shia district of the Iraqi capital has killed at least...

Why North Dakota (aka Boomtown, USA) is running on empty

N Dakota running on emptyIn the mid 2000s hydraulic fracturing - or fracking - coupled with soaring oil prices, made...
 
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!