Saturday, January 17, 2009

War and Natural Gas: The Israeli Invasion and Gaza's Offshore Gas Fields

War and Natural Gas: The Israeli Invasion and Gaza's Offshore Gas Fields: "The military invasion of the Gaza Strip by Israeli Forces bears a direct relation to the control and ownership of strategic offshore gas reserves.

This is a war of conquest. Discovered in 2000, there are extensive gas reserves off the Gaza coastline.

British Gas (BG Group) and its partner, the Athens based Consolidated Contractors International Company (CCC) owned by Lebanon's Sabbagh and Koury families, were granted oil and gas exploration rights in a 25 year agreement signed in November 1999 with the Palestinian Authority."

1 comment:

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