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GasBuddy News Article

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Israel Reaches Out to US for Oil and Gas Development

OilPrice.com -- Israel Natural Gas Lines' is energetically courting US majors to develop its oil and gas industry, inviting firms specializing in exploration, production, pipeline construction, logistical services, workforce training and other related subsectors to join in the bonanza.

This week, Israel announced that construction has begun on a submerged turret loading buoy linking LNG imports to the country’s gas transmission system as the country seeks to become and LNG exporter.

According to the US Geological Survey, the Levant Basin Province in the Eastern Mediterranean holds a mean recoverable reserve of 122 trillion cubic feet (Tcf) of natural gas and 1.7 billion barrels of oil. The province straddles the maritime boundaries of Cyprus, Gaza Strip, Israel, Lebanon and Syria.


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Submitted Aug 28, 2012 By: NOTSOGRN
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Israel Reaches Out to US for Oil and Gas Development Back to Topics
REPLIES (newest first) Post a Reply
bindox
Sophomore Author Chico

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Message Posted: Aug 29, 2012 1:59:14 PM

I want kickbacks.
heydano67
Champion Author California

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Message Posted: Aug 29, 2012 2:21:55 AM

good to have friends with skills
5kvdave
All-Star Author Los Angeles

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Message Posted: Aug 29, 2012 12:58:53 AM

WHATEVER!!!!!!
outlaw329
Champion Author Austin

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Message Posted: Aug 29, 2012 12:21:33 AM

Keeping Israel as an allie is a very good thing to do!
Dodge_Me
Champion Author Atlanta

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Message Posted: Aug 28, 2012 11:18:47 PM

Hmm, is this such a good idea?
rahcat
Champion Author Grand Rapids

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Message Posted: Aug 28, 2012 11:17:13 PM

Hope US companies will help. It's obvious the Obama administration does not have Israel's back.
Colts13
Champion Author Indiana

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Message Posted: Aug 28, 2012 11:08:40 PM

Ok.
camel1
Champion Author Minnesota

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Message Posted: Aug 28, 2012 11:07:10 PM

The US should exploit these resources and business opportunities
big_mac64
Champion Author Tennessee

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Message Posted: Aug 28, 2012 10:59:56 PM

Why not? More American jobs to train them!
SHEP20715
Champion Author Maryland

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Message Posted: Aug 28, 2012 10:58:37 PM

good
Jeeputtputt
Champion Author Ohio

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Message Posted: Aug 28, 2012 10:56:59 PM

WE got your back...
vibdata
Champion Author Massachusetts

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Message Posted: Aug 28, 2012 10:53:28 PM

Go get it but hurry before it evaporates.
bvrbill
Champion Author Eugene

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Message Posted: Aug 28, 2012 10:53:00 PM

Everyone wants a slice of the energy pie.

More Natural Gas in Isreal and other countries may help keep the price lower here.
DCbeachbum
Champion Author South Carolina

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Message Posted: Aug 28, 2012 10:51:46 PM

We need to assist Israel if we can. They are a very good friend to the US. Lord knows the US needs all we can get. The US has looked very weak for the past three years.
FunMyster
All-Star Author Indiana

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Message Posted: Aug 28, 2012 10:49:53 PM

ok
bra0712
Champion Author Arizona

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Message Posted: Aug 28, 2012 10:48:52 PM

Oh
DriverofRed
Champion Author Calgary

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Message Posted: Aug 28, 2012 10:48:35 PM

k
mstearno
Champion Author Dayton

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Message Posted: Aug 28, 2012 10:46:54 PM

we'll need it after they bomb Iran
beachmanglen
Champion Author Tampa

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Message Posted: Aug 28, 2012 10:43:31 PM

I hope they find a large supply.
clermont40miles
Champion Author Cincinnati

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Message Posted: Aug 28, 2012 10:43:22 PM

Do it. Produce. Refine. Deliver.
Aviator_Rob
Champion Author New York

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Message Posted: Aug 28, 2012 10:43:16 PM

I hope the Israeli people have better luck dealing with Big Oil than the rest of us here in the U.S.

Big Oil will make sure to give them a good deal, right?
mrbee
Champion Author Little Rock

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Message Posted: Aug 28, 2012 10:42:43 PM

Go for it.
firefly09
Champion Author San Diego

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Message Posted: Aug 28, 2012 10:40:18 PM

Okay.
N4PIP
Champion Author Miami

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Message Posted: Aug 28, 2012 10:39:38 PM

I always wondered why you never heard about any development of the petroleum industry in Israel. It's about time.
skb69sa
Champion Author San Antonio

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Message Posted: Aug 28, 2012 10:35:53 PM

I saw news about India two days back and now Israel. What's going on? We need our own natural resources to be used by us. No to foreign countries looking for our resources.
g747
Champion Author Mobile

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Message Posted: Aug 28, 2012 10:35:49 PM

MAY GOD ALWAYS ALWAYS BLESS THE CHILDREN OF ISRAEL!!!!!!!!!!!!!.
CDMAuto
Champion Author Connecticut

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Message Posted: Aug 28, 2012 10:35:13 PM

OK
petrpuck
All-Star Author Hamilton

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Message Posted: Aug 28, 2012 10:31:46 PM

Hoy vey
charladan
Champion Author Virginia

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Message Posted: Aug 28, 2012 10:30:53 PM

Keep us away from Israel. We don't need their problems.
dchiou
Champion Author San Jose

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Message Posted: Aug 28, 2012 10:29:49 PM

finally something that benefits us
aggietim
Champion Author Fort Worth

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Message Posted: Aug 28, 2012 10:28:48 PM

ok
BoerneWatch
Champion Author San Antonio

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Message Posted: Aug 28, 2012 10:27:30 PM

Smart. Just plain smart.

Wonder if our government would do the same?
bonzoonfmb
Champion Author Florida

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Message Posted: Aug 28, 2012 10:25:01 PM

That would become a volatile situation as sitting inside a house filled with natural gas.
Marson
Champion Author Scranton

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Message Posted: Aug 28, 2012 10:24:26 PM

Interesting.
jb107
Champion Author New Jersey

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Message Posted: Aug 28, 2012 10:23:21 PM

Give help where help is needed.
toadNY
Champion Author Albany

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Message Posted: Aug 28, 2012 10:16:31 PM

Don't you just love Ok?
mcmonsta
Champion Author Honolulu

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Message Posted: Aug 28, 2012 10:16:00 PM

help the ally that helps us
toadNY
Champion Author Albany

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Message Posted: Aug 28, 2012 10:15:54 PM

Ok.
toadNY
Champion Author Albany

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Message Posted: Aug 28, 2012 10:15:34 PM

Ok.
toadNY
Champion Author Albany

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Message Posted: Aug 28, 2012 10:15:23 PM

Ok.
toadNY
Champion Author Albany

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Message Posted: Aug 28, 2012 10:15:14 PM

Ok.
wayoung56
Champion Author Alabama

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Message Posted: Aug 28, 2012 10:15:05 PM

Interesting article...
toadNY
Champion Author Albany

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Message Posted: Aug 28, 2012 10:15:03 PM

Ok.
rwe930
Veteran Author Alabama

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Message Posted: Aug 28, 2012 10:11:57 PM

kosher oil
suzmar
Champion Author Texas

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Message Posted: Aug 28, 2012 10:08:14 PM

This administration is not interested in helping Israel.
Mustache_33
All-Star Author Toronto

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Message Posted: Aug 28, 2012 10:04:30 PM

hmm
serrog
Champion Author Nova Scotia

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Message Posted: Aug 28, 2012 10:03:24 PM

wow
TRAIN RIDER
Champion Author San Bernardino

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Message Posted: Aug 28, 2012 10:03:05 PM

Lets see that the US companies help out Israel.
Chas58
Champion Author Detroit

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Message Posted: Aug 28, 2012 10:02:45 PM

Brother, will you lend me a hand?
69Bonne
Champion Author Gary

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Message Posted: Aug 28, 2012 9:59:14 PM

Right
abcdMA
Champion Author Worcester

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Message Posted: Aug 28, 2012 9:57:40 PM

will this administration re Israel on this issue as well?
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