Arab Israeli Conflict
Middle East News
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The topsides are 102 meters long, 80 meters wide and will stand 47 meters above sea level. The platform flare boom, permitting the safe burning of gas, will stretch to 130 meters above sea level.
Cyprus, a member of the EU, says it has exclusive economic rights in the waters and Turkey's actions violate its sovereignty.
Under the deal, Egypt will pay the fine over eight and a half years to the state-owned Israel Electric Corporation.
The agreements represent a significant step toward fulfilling a $15 billion decade-long deal which will see Noble Energy and Delek Drilling supply 64 billion cu.m. of natural gas to Egypt.
By EYTAN HALON
Part of Block 9 contains waters disputed with neighboring Israel but the consortium has said it has no plans to drill in the disputed area.
Of the $15 billion, the Israeli government should get around 50% of the revenues according to one private energy consultant.
By MAX SCHINDLER
Gas operators 'Delek Drilling' and 'Noble Energy' announced on Monday that it has signed agreements with Egyptian Company 'Dolphinus' worth an estimated $15 billion.
The group seeks to 'own' the gas portfolio as yet another casus belli it claims against Israel.
By SETH J. FRANTZMAN
Relations between Cairo and Ankara have been strained since then army chief Abdel-Fattah al-Sisi toppled President Mohamed Mursi of the Muslim Brotherhood in 2013.
“My wife and I educate our children to respect every person as they are, and every woman as they are, and that is the reason that I fervently oppose the exclusion of women..."
By HERB KEINON
“Leviathan is going to bring Israel into a new era."
By MAAYAN HOFFMAN
Natural gas to replace more coal, leading to cleaner environment.
This past year, following the Israeli government’s approval of the gas framework, there has been significant improvement in Israel’s relationship with Turkey.
By AMIR FOSTER
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