Prior to the electrical equipment of Israel-Jordan gas-line being torched yesterday in protest to the upcoming import of natural gas from Israel, Jordanian parliamentarian Tariq Khoury demanded, “Every free man in Jordan must sacrifice himself and his children to blow up a gas line that passes through Jordanian territory, we are all martyrs of the project.”
By TZVI JOFFRE
Two electrical transformers servicing a gas transfer station intended to transport gas from the Leviathan natural gas field in Israel into Jordan were torched by unidentified people in Irbid in northern Jordan on Saturday.
According to Sky News Arabia, this is not the first attack against the gas transfer station in Irbid. Continue Reading »
Israel takes 5th place with an average of $233 a month on gasoline, which equals 11% of the average Israeli monthly salary.
By Zeev Klein
Israel is the fifth-priciest country in the world when it comes to how much consumers pay for unleaded gasoline, an international study by the financial website This is Money shows.
Israelis pay $5.79 per gallon for unleaded gasoline (Illustrative) – Photo: Yehoshua Yosef
Israelis are shelling out heavy sums at the pump — $1.53 per liter ($5.79 per gallon) — despite the fact that world oil prices have dropped to $66 per barrel since April 2012. Continue Reading »
Category: Israel News
Addition of 125 megawatts will help bridge gaps in dwindling reserves, says IEC CEO Glickman.
A month ahead of schedule, the Israel Electric Corporation has completed work and grid synchronization of a 375-megawatt combined-cycle power plant.
The plant, called the Zafit power station, is located near Kfar Menahem in the country’s south-central region, and will significantly increase electricity generation to help deal with the ever-dwindling electricity reserves, according to the IEC. The combined-cycle plant contains a 125- megawatt steam unit that the company added to an already existing 250- megawatt natural gas turbine facility, and was constructed at a cost of NIS 1 billion. Continue Reading »
Bloomberg news agency reports Mediterranean explorations have uncovered $240 billion worth of gas, far more than Israel can ever use.
Gas exploration companies Noble Energy Inc., Delek Group Ltd. and others have discovered enough natural gas to supply Israel’s domestic needs for the next 150 years, an investigative report published by Bloomberg news agency claimed on Saturday.
Noble Energy gas rig
“The gas would be worth about $240 billion, equal to Israel’s annual economic output, based on today’s prices in the UK,” the report claimed.
The report described Israel’s ongoing debate over how to manage the gas discoveries. Continue Reading »
Category: Jewish News
Gas pipeline targeted for 15th time since mid-2011; gunmen placed explosives under pipeline & detonated them remotely. Again gas supply suspended
An explosion on Sunday rocked the Egyptian pipeline built to carry natural gas to Israel and Jordan, the 15th time it has been attacked since the start of the uprising in early 2011 that toppled President Hosni Mubarak.
Explosion at pipeline (Archives) – Photo: EPA
The blast occurred in the early hours of Sunday morning at al-Tuwail, east of the coastal Sinai town of al-Arish, at a point before the pipeline splits into separate branches to Israel and Jordan, security officials and witnesses said. Continue Reading »
Noble energy begins to supply Israel with natural gas month ahead of schedule
A US Israeli consortium began supplying Israelwith natural gas from its offshore Pinnacles well on Wednesday to help stave off a national energy shortage expected this summer.
Natural gas on its way (Illustration)- Photo: Reuters
Israel lost about 40 percent of its natural gas supplies in early 2011 when saboteurs in the Sinai peninsula began attacking the pipeline that carried gas to Israel from Egypt
as part of a 20-year deal. In April, Egypt officially terminated the deal, sending Israel scrambling to find alternative power sources. Continue Reading »
Westerwelle, Germany’s foreign minister, says he expects Cairo to avoid elevating gas crisis to political level.
In the first international comment on Egypt-Israel gas dustup, German Foreign Minister Guido Westerwelle said Tuesday that Egyptian leaders, present and future, must affirm the country’s peace treaty with Israel.
BEDUIN man looks at a gas pipeline in Sinai – Photo: REUTERS
Continue Reading »
Westerwelle said that he expects the relevant parties in Egypt to take a clear stance on peace and to not let the gas issue reach a political level.
Egypt on Sunday terminated a long-term gas deal with Israel, prompting a diplomatic spate between the two countries.