Israel desperately covets Gaza’s gas as a ‘cheap stop-gap’ yielding revenues of $6-7 billion a year, writes Nafeez Ahmed. The UK’s BG and the US’s Noble Energy are lined up to do the dirty work – but first Hamas must be ‘uprooted’ from Gaza, and Fatah bullied into cutting off its talks with Russia’s Gazprom.
“The proposal was made in view of Israel’s natural gas shortage following the cessation of gas deliveries from Egypt”, reported the Israeli business daily Globes.
According to Globes, Israel had previously “refrained from ordering development of the Noa field, fearing that this would lead to diplomatic problems vis-à-vis the Palestinian Authority” as the field is “partly under the jurisdiction of the Palestinian Authority in the economic zone of the Gaza Strip.”
“In the end, Israel decided to develop the Noa reservoir without any official agreement.”