Actually there are two of them, one called Leviathan and one called Tamar.
Because of these natural gas fields tensions are on the rise!
Tensions have been stirred by both sides. Lebanon's Hezbollah-led opposition has accused Lebanese Prime Minister Saad Hariri of failing to protect the country's resource rights, and Israeli Infrastructure Minister Uzi Landau told Bloomberg last week that Israel would use force if necessary to defend its right to develop and produce the fields.
These oil fields contain more then 20 trillion cubic feet of natural gas, equivalent to 3.5 billion barrels of oil, or 35 years of Israel's consumption.
A consortium of energy companies, including Noble Energy of the United States, has signed an $11 billion gas supply deal with the Israel Electric Co. starting in two years, and has received a $430 million loan to develop the Tamar field.
But, who really owns these offshore gas deposits?
Despite what Israel and Noble Energy are claiming the fact is....
While offshore natural gas discoveries have spurred Lebanese and Israeli saber-rattling in a region widely viewed as rich in energy resources, a London analyst said it is too early to make categorical claims about the size and ownership of the potential reservoirs.Of course in the case of Israel a nation that claims ownership to all by virtue of some imaginary, delusional god-given right. The gas is theirs. They are already giving out the contracts.
From foreign policy article- "I emailed Fareed Mohamedi, an expert on Middle East energy at PFC Energy, who in turn asked colleague Yahya Sadowski about the stakes at play. Sadowski indicated that there is validity to Lebanon's concerns that Tamar straddles the waters of both countries -- "They would all be tapping into the same reservoir,"
The sabre rattling has gotten louder-
Israel threatens populated areas of Lebanon
Israel spying in Lebanon
Report: Suspected spy for Israel escapes from Lebanon
Interesting piece here
In all regional disputes, big or small,
will invariably threaten or implement violence. It is the preferred method of conflict resolution. The recent discovery of natural gas reserves in Lebanese territorial waters, and Israel’s claim to them, is no exception. Israel
It didn’t take long for Israeli infrastructure minister Uzi Landau to raise the prospect of war. That is, if Lebanon attempts to prevent his country from exercising full control over the field despite portions apparently falling within Lebanon’s exclusive economic zone.
“Israel is racing to make the situation a fait accompli and was quick to present itself as an oil emirate—ignoring the fact that, according to the maps, the deposit extends into Lebanese waters. Lebanon must take immediate action to defend its financial, political, economic and sovereign rights,” Berri said.
Bottom line, if Israel attacks Lebanon and they will if Lebanon dares to protect their natural resources. The media will sing the song of "poor Israel, alone in the middle east, threatening neighbours all around" Or some variation of said song?
The fact will be that Israel will attack Lebanon, over resources.
This is the same story with the reserves off of the coast of Gaza. Which I have covered numerous times here or here.
More of the same from God's self-proclaimed chosen ones.
I have my doubts that if there was a God, he would want people to go around wantonly stealing, attacking, and killing other people. But, hey that is just me!
Remember 'god is love" ? Or in the case of Israel god is "entitlement and thievery"?