TV News LIES

Saturday, Apr 05th

Last update07:59:02 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...


1.5M in 3 states could see higher electricity bills as Ontario begins surcharge Monday

Electricity from CanadaOntario started a 25% surcharge Monday for the electricity it exports to three U.S. states. Head of...

Pope Francis In Critical Condition With Early Kidney Failure

Pope FrancisPope Francis remained in critical condition Sunday and blood tests showed early kidney failure but he...

Ageing nuclear plant in Florida at risk from climate crisis, advocates warn

Ageing nuclear plant in Florida A decision by regulators to extend the life of two of the oldest reactors in the...

US Senate confirms fracking CEO Chris Wright to be Trump’s energy secretary

Chris Wright The US Senate on Monday confirmed Chris Wright, a fracking executive, to be Donald Trump’s energy...
 
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!