Israel is embarking on its largest-ever infrastructure project with the development of the huge Leviathan offshore gas field in the Mediterranean. The development of Leviathan, which is scheduled to take about three years, constitutes both the largest energy project and financial investment in Israel in the country’s history.
Developers of Israel’s Leviathan natural gas field committed last month (Feb 2017) to a $3.75 billion investment to develop the oil and gas reserves. Leviathan was first discovered in 2010 some 100 miles west of Haifa. Located in the eastern Mediterranean Sea area off the coast of Israel, the Leviathan field is estimated to contain 22 trillion cubic feet of gross recoverable natural gas resources.
Phase one – The first phase involves an initial investment of $4 billion to produce 12 billion cu meters of gas annually for domestic customers as well as, initially, Jordanian, Palestinian and Egyptian markets.
The first phase of Leviathan’s development includes the drilling of eight production wells, which are to be linked to an offshore production-and-treatment platform and, from there, by undersea pipeline to two entry points along Israel’s central coast. Subsequently, the processed gas will be transferred to Israel Natural Gas Lines’ onshore transportation grid for export.
Phase two – A second phase to expand production to 21 billion cu m per year at a cost of $2.5 billion export to Turkey, Egypt, and southern European countries. “A pipeline to Turkey could be operational by the time commercial production begins,” predicted Yuval Steinitz, Israel’s energy, and water minister. Talks are already underway with Turkey following the thaw in relations between the two countries after a six-year freeze. The Israeli energy minister last month met in Istanbul with his Turkish counterpart, Berat Albaryrak, to discuss future gas shipments to Turkey and possibly to Europe using existing networks.
The gas would be transported via a 500-kilometer-long undersea pipeline from the Leviathan field to Turkey’s southern Mediterranean coast. An initial cost estimate of the pipeline is $2 billion. Israeli energy sources said the state-owned Eilat to Ashkelon Pipeline Co. is set to complete in March a technical planning and economic analysis of the proposed pipeline.
In addition to sales to the Egyptian domestic market, discussions have resumed on possible gas shipments from both the Leviathan and the neighboring Tamar fields to two largely idle LNG plants on Egypt’s Mediterranean coast. This plan would entail construction of a 450-km-long pipeline.
Phase three – An even more ambitious plan proposes building a 1,300-km pipeline that would transport gas from the Leviathan field and a nearby, newly discovered field off the coast of Cyprus to Cyprus itself and Greece. Then, it would link up with existing transmission lines to Italy.
A feasibility study conducted by IGI-Poseidon for the European Commission estimated the cost at $5.7 billion, but the report found that total would be substantially less than an offshore LNG plant. “Israel views gas exports to Europe as important from a strategic point of view,” said Chen Herzog, an economist. But Herzog added that the pipeline to Greece likely would depend on the discovery of more gas at sites off the coast of Israel.
There are dangers ahead….
While Energy Minister Steinitz celebrated the decision, pointing out that the natural gas field will boost Israel’s economy, provide cleaner air, and give the country a measure of energy security in the near term. “If we continue on a responsible and steadfast path, we will also succeed in discovering more gas fields, positioning Israel as an important player in the energy market alongside our neighbors in the Middle East and Europe.”
Could it be not all players want to share? Russia is the largest provider of natural gas to Europe. A pipeline from Israel to Greece/ Italy breaks the leverage Russia always had over a freezing Europe.
In 2007, Russia provided 38.7% of the European Union’s natural gas total imports and 24.3% of consumed natural gas. That has grown to over 40% now. As of 2009, Russian natural gas was delivered to Europe through 12 pipelines. The largest importers of Russian gas in the European Union are Germany and Italy, accounting together for almost half of the EU gas imports from Russia
Ezekiel 38 and 39 tell of a time in the near future when a consortium of Muslim Nations (including Turkey and Russia) will invade Israel….The identity of those nations includeTurkey, the Southern Russian Muslim States, Iraq, Libya, Ethiopia, Somalia, Iran and Syria and others.
(Ezek. 38:10-13) This is what the Sovereign LORD says: On that day thoughts will come into your mind and you will devise an evil scheme. You will say, “I will invade a land of unwalled villages; I will attack a peaceful and unsuspecting people all of them living without walls and without gates and bars. I will plunder and loot and turn my hand against the resettled ruins and the people gathered from the nations, rich in livestock and goods, living at the center of the land.”
Sheba and Dedan and the merchants of Tarshish and all her villages will say to you, “Have you come to plunder? Have you gathered your hordes to loot, to carry off silver and gold, to take away livestock and goods and to seize much plunder?” ‘ (Ezek. 38:10-13)
Ezekiel 38 v 11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates, v 12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.
- The target is the people of Israel, only once they are resettled in the land – Post-1948
- The motivation will be v 12 – to take a spoil and plunder dressed up perhaps as the “liberation of the Palestinians?”
That never made sense until now – and Israel never had any natural wealth like oil that would make her a target until now.
This oil and gas project competes directly with Russia and Turkey’s energy ambitions. Completed pipelines to Turkey and Europe to carry 22 Trillion cubic feet of recoverable natural gas fields are a huge spoil. A stranglehold on Europe’s Energy supply ….is a Russian bonus. It is a motivation for Russia and Turkey to join the final Muslim attempt to destroy Israel.
We do not prophecy future events since we cannot even predict the next 8 hours of our day. It never goes as planned. We do however watch world events….and see how Gods infallible word could possibly come to pass in our time.