Monday, April 1, 2013

Part 3- Cyprus, Israel, Turkey, Syria: NATO and global resource diversion/control”

Finally, after a brief respite the promised section on Syria. Be warned, it is long. But subjects such as this cannot be covered in a few sentences or a 30 second blurb.
An additional update at the end of the post: Very pertinent reading !!!

Briefly recapping this sordid tale.

We first looked at, in Part 1, the strategic importance of Cyprus.
 In Part 2 we learned about Cyprus’s massive energy resources. Known as the Aphrodite field.
 We read, how  it isTurkey and Israel fit into this massive manipulation in the Mediterranean.
We understand the EU dealt a crushing blow to Cyprus’s aspirations to market their sovereign resource without involving Turkey. It is clear that the EU, through the cratering of the Cyprus banking infrastructure, has curtailed the island nations ability to fund the development of their vast energy resource.  A move that is most advantageous to Turkey. Israel. And of course, the US .

Where does Syria fit into this whole shifting of the strategic and geopolitical resource map?
Let’s go back to an older post here at the blog. Nearly two years ago, I had put up this post
Assad's "Four Seas Strategy" Damascus converges with China
This was a very big plan. Assad had very big ideas for Syria. This plan did not go unnoticed by the Israeli/GCC/US/NATO world fascist dictatorship.

“Since 2009, Bashar al-Assad has been promoting a "Four Seas Strategy" to turn Damascus into a trade hub among the Black Sea, Mediterranean Sea, Persian Gulf/Arabian Sea and the Caspian Sea.”

At the time the Four Seas Strategy was being promoted by the Assad government, Turkey was to participate, BUT, as ‘second banana’.  Turkey will now still be the second banana, just not to Syria and the Assad government. Correction! Turkey will not be second banana. Since the US and Israel will play interchangeable second banana’s to one another, depending on the circumstance, Turkey will be the puppet to it's masters. As always.

The Four Seas Strategy was set to make Syria into a big player in the energy game.
“He described Syria’s nexus of “a single, larger perimeter [with Turkey, Iran and Russia]…we’re talking about the center of the world” [17]. Syria can thus act as a means of access for EU countries to markets in the Arab world and western Asian countries [18]. Assad discussed this vision with Medvedev in May this year, and in August 2009 he received Iranian supreme leader Ali Khamenei’s blessing when he presented this strategy [19].

By partnering with the above nations, Iran, Russia & Turkey, Syria was setting itself up as the premiere regional energy hub. Whose influence would extend far beyond the middle east

 “We would link the Mediterranean, Caspian, Black Sea, and the [Persian] Gulf … we aren’t just important in the Middle East…Once we link these four seas, we become the compulsory intersection of the whole world in investment, transport and more.”
Big plans. Very big plans.

One of the pipelines Syria was working on with Iraq to make the strategy a reality.

Clearly Assad's Four Seas Strategy, while beneficial to Syria, Iran, Iraq, Russia, China etc.,
Was not going to be beneficial to the US or Israel.
In fact Israel would have been a bit player in this situation as Assad would have assured Syria's rise to eminence. The recent developments with Cyprus, Syria et al, see Israel the big winner in the Middle East.

 Let's move away from transport and on to actual resources:

To understand this situation as best as possible, we have to understand the significance of the energy resource in the eastern Mediterranean basin as it relates to Syria, Cyprus, Turkey and Israel, which is the area in discussion
                    Above image from this article. The article is well worth taking the time to read.

 In late 2010 huge natural gas deposits off Syria’s Mediterranean shores were discovered. The initial results revealed that the “entire” eastern Mediterranean is swimming in huge untapped oil and gas reserves

We have huge energy resources. Extremely huge, untapped energy resources in the eastern Meditteranean and we have Assad planning and working towards making Syria central to the transport of all that energy wealth...... This move would have given Syria much influence in Europe and China.
This plan would obviously have removed Israel and the US out of that central sphere of influence.

I am quite certain the obvious outcome of Assad’s Four Seas plan was not lost on the US/Israel partnership. The implications of the plan are huge. Europe could have easily fallen out from under the influence of NATO. China and Russia were set to become ever larger global challengers to US hegemony. A game changer. Most definitely.
Therefore, what the destabilization of Syria is actually, really, truly and factually about is controlling the resources via the energy transits. In this way Syria shares much in common with Afghanistan.
Though that could change depending on  the energy found in Syria’s coastal waters...
If massive resources are found and I suspect they are present and other interested persons are already aware of that. Then the attack on Syria will come down to transit and resource control both.
More on the the transit scenario of the destabilization campaign:

The actual struggle going on in Syria is a bit harder to understand – it seems that the main goal is not overthrowing Bashar Assad or achieving peace or fighting for human rights, as much as it is solving the problem of Syrian transit. 

The image at the article is excellent. Assad could be "King", or not depending on how this all plays out.
Syria’s unique geographical position is far more interesting to other competitors in the field than the gas and oil reserves that can be found in the actual country.

The Syrian ports on the Mediterranean Sea have been a “sweet spot” for the entire Greater Middle East and for other participants in the redistribution of the gas market.
Throughout the country, there is a transnational gas pipeline AGP (the Arab Gas Pipeline) which connects Egypt with the Lebanese port of Tripoli. There is also an old IPC line, called the Kirkuk-Banias, that runs through Iraq ( first image in the post and one that Syria and Iraq had worked to get back up and running) – after the military invasion into Iraq in 2003, though, it ceased all operations. Syria and Iraq signed a memorandum in late 2010 in an attempt to revive this particular pipeline, which proposed new construction on the pipeline that would carry oil and gas from Iraq’s Akkas and Kirkuk fields to the Syrian port of Baniyas.
In July of 2011, Iranian authorities announced their plans to transport gas from the world’s largest deposits in South Pars through Iraq and on to Syria. On top of that, Assad’s government planned to extend the AGP from Aleppo to the Turkish Kilis . As a potential  part of Nabucco.
Nabucco is only viable if Russia’s pipelines fail. If Nabucco failed, it would seem certain that Syria could have supplied the energy elsewhere.

I have covered Nabucco previously. Nabucco seems destined to fail without Iranian oil.
If I find more posts I will link them also.

As aside: Syria's destruction is Qatar's gain. Hence, Qatar's double dealings;

One of the most active players in the Syrian opposition movement is Qatar, which is investing enormous amounts of money in the anti-Assad rebels. Doha, the capital of Qatar, is one of America’s closest strategic partners in the region, and ExxonMobil actually has multi-billion dollar contracts there. Qatar also has one of the world’s largest gas fields, South Pars, and it is the third-largest country in the world in terms of gas reserves (and the sixth-largest country in terms of oil exports)..
 At the moment, the emirate transports gas in special tankers, which is not the most convenient or the cheapest way to deliver energy. Moreover, Iran is constantly threatening to shut down the Strait of Hormuz, so access to the Syria pipe and the Mediterranean port would be really helpful to Qatar.
 At the moment, the country is looking at two different options for delivering gas to Turkey. The first is through Saudi Arabia, Kuwait, and Iraq, and the second would transmit gas from Saudi Arabia through Jordan and Syria and onward to Turkey. Turkey has faced many difficulties in the “Nabucco” project, including some with the actual suppliers, and they are extremely interested in Qatari gas. So both countries are willing to do anything in their power to make the Syrian regime more open to gas talks. In the meantime, however, these negotiations are making very little progress with Bashar Assad still in power.

Whew! I for one have gained a better understanding of just what and why the events in the eastern Mediterranean are taking place. And what makes them significant. Hope you have too?!

Additional Update begins now: 


Another article that covers much territory as it pertains to China's strategic interests.



  1. Ah!Another great effort Penny. Thanks.

    I've assumed for years now, this empire, (and their sycophants), goals are resource hegemony. The "Four seas strategy" is something I was unaware of, but does make the attack against Assad more clear. When threads permit, I'll post this article at MoA. 'til then I'll bookmark it. Thanks again.

    1. I am thinking this is Ben,cause it reads like Ben
      You are welcome :)

      The four seas strategy was proposed, I think in 09, so by time I got to it,the plan was nearly a year old

      Understanding the goal of the four seas strategy, and the role of Syria vs Israel for leadership in the ME is prime
      Then fitting it in to the larger pipeline agenda and NATO's global hegemony...

      No one can be taken seriously that is claiming Israel does not come out the biggest winner in the ME from the fall of Syria.

      If anyone is still selling that angle, they are lying. It is plain and simple
      I have seen it at MoA. (certain commenters) I have seen it elsewhere and it is a lie to obfuscate the reality of Israel's participation and benefit from the multitude of deaths in Syria
      Qatar is pitiful in it's actions.
      They say politics make strange bedfellows and boy is that true!

  2. Israel wants that Kirkuk oil that was stolen by their US lackey's to got to Haifa and turn that port city into an oil refinery capital, much like Antwerp in the diamond capital.

    Another way to 'secure the realm.' Doesn't matter how many gotta get killed, as long as they aren't chosenites.

    1. greg "Israel wants that Kirkuk oil that was stolen by their US lackey's to got to Haifa and turn that port city into an oil refinery capital, much like Antwerp in the diamond capital"

      can you expand on this?
      I am not sure what you are referencing

    2. What Israel is finding offshore is mostly NG, not oil. The Iraqi oil that is in Kirkuk, Israel wants to flow to Haifa so that city can become a huge oil refinery, and from that they will reap an enormous amount of future monies.

      The following blog explains it in better detail:

      Haifa Pipeline-One Reason for Iraq Invasion

  3. Again, great effort Penny.

    So, to recap, the gas field, the Aphrodite field, covers a large part of the Eastern Med and the states of Cyprus, Egypt, and Lebanon have already given up their legal rights to the gas? Did I read that correctly?

    According to Wikipedia (usual caveats apply), establishing the maritime borders between these states and Cyprus transferred drilling rights to Cyrpus. Were the gas rights transferred specifically in these agreements or did establishing the maritime border clearly establish Cyprus' sole right to the gas vis a vis the other countries?

    So that leaves Cyprus, Syria, Israel, and Turkey as the main states asserting rights? Wikipedia notes that Turkey was hostile to the Western efforts to take the oil but I suppose that has all been cleared up now? What about Greece?

    It would be nice to have a bit more information on the legal regime behind international drilling rights. Can both Syria and Cyprus stick their straws into the field and suck out as much gas as they can until it's gone?

    I have one slight quibble and that is the assumption that Russia and China are strategic adversaries to all this . . . I too once accepted this assumption but now suspect it is part of a major deception. For instance, Russia just signed a major gas deal with Israel! Where does that fit in to the theory that Russia intends to seriously challenge U.S./Israel/NATO/UN hegemony? Israel and Russia started a strategic military partnership around 2010 when the machinations surrounding Aphrodite became more public. Russia shifted its policy toward Syria at this time and didn't deliver critical weapons as Israel wished. I suspect Russia is actually in cahoots with the cartel stealing the oil.

    1. Thanks WWM

      I don't want to say definitively that anyone has given up their rights to the oil fields
      wrt Lebanon, there are some articles that say they have and some that say they haven't

      example here

      "Fifty-two major global companies have submitted bids to explore for oil and gas in Lebanon's territorial waters, caretaker Energy and Water Minister Jebran Bassil announced on Thursday.

      He noted that “almost all the global firms have submitted bids, which highlights the confidence in Lebanon,” Bassil said at a press conference he held at the ministry.

      “It's a gift to the Lebanese for the holidays and this indicates that Lebanon's resurrection will inevitably happen,” Bassil added.

      “Lebanon is an oil-producing country and the concession process was transparent as it had successful terms and conditions that are not open to interpretation and many companies did not submit a request as they lacked the ability to meet the conditions,” he said."

      These situations appear to be in flux. Until someone (NATO/Israel) makes the situation permanet?

      WWM "I have one slight quibble and that is the assumption that Russia and China are strategic adversaries to all this . . ."

      I understand that and yet... I still see them as strategic adversaries. I see no reason that Russia or China would allow themselves to be constrained, restrained and shackled by NATO world army.
      I keep in mind that Russia and China are both having very strategic destabilization campaigns waged against them

      Russia via Chechnya. Recall Georgia and Pankisis Gorge?

      China via the Uighurs,-20-Uighurs-jailed-in-Xinjiang-27517.html

      Both the Chechen and Uigher movements are undertaken at the behest of NATO
      They are NATO's Islamist armies in action.

      Therefore, IMO, strategic adversaries indeed

    2. Wikipedia asserts that Cyprus "demarcated" its martime border with Lebanon in 2007:

      "Cyprus demarcated its maritime border with Egypt in 2003, and with Lebanon in 2007.[9] Cyprus and Israel demarcated their maritime border in 2010.[10] Turkey, which does not recognize the border agreements of Cyprus with its neighbors,[11] threatened to mobilize its naval forces should Cyprus proceed with plans to begin drilling at Block 12.[12] Cyprus's drilling efforts have the support of the United States, European Union and United Nations, and on September 19, 2011 drilling in Block 12 began without any incidents being reported.[13] The development of oil and gas resources in the Cypriot Exclusive Economic Zone (EEZ) abide to the UN Convention of the Law of the Seas (UNCLOS) which the Republic of Cyprus ratified in 1988.[14]"

      This is the source re the demarcation of the Lebanese border:

      "Agreements between Cyprus, Egypt, Lebanon and Israel on the Delimitation of the EEZ

      On 12 December 1988, Cyprus proceeded to the ratification of the UN Convention on the Law of the Sea. In February 2003 and January 2007, Cyprus signed an Agreement on the Delimitation of the Exclusive Economic Zone with Egypt and Lebanon, respectively. The Agreement is based on the internationally accepted principle of the median line and in accordance with the UN Convention on the Law of the Sea. In December 2010, the Agreement on the Delimitation of the EEZ between Cyprus and Israel was signed.

      At the same time, Cyprus announced, on 16 February 2007, the 1st Licensing Round Offshore Cyprus for the grant of Hydrocarbon Exploration Licences and subsequent Hydrocarbon Exploitation Licences, which ended on 16 August 2007. A number of companies demonstrated an interest and were provided with the relevant information."

      See more info here:

    3. The info I had come across had Cyprus and Israel demarcating their maritime borders and then Lebanon.. yes or no?

      From what i understand most of the maritime borders are disputed

      from this article even the Russian/Israeli agreement seems to not be rock solid
      Time of Israel March 30/2013- very uptodate

      "The challenges are many. Cooperating with Cyprus risks antagonizing Turkey, an important one-time ally whose relations with Israel have greatly cooled in recent years. The neighboring Arab countries Egypt and Jordan might provide opportunity, albeit with some political risk. Europe is a potentially larger and more stable market, but reaching the continent is a logistical challenge and risks angering Russia.

      Meanwhile, entering the European market risks placing Israel at odds with Russia, a natural gas juggernaut that supplies much of Europe. Russian energy giant Gazprom has shown interest in working with the consortium drilling off Israel’s coast, which observers say may reflect a desire to ensure a role in the region’s gas projects.

      Maritime border disputes are very handy for stirring up troubles
      Which is why I see the situation as in flux
      (that does not mean anyone else has to see it that way, this is just how I see it)

    4. I meant to write above that Russia shifted it's attention to Israel around 2010 and away from Syria (and Iran).

      Re Lebanon . . .

      The last link above has direct links to the actual legal documents. Lebanon signed its agreement with Israel in January 2007, shortly before the change in governments there, but it hasn't yet been ratified by Lebanon so it hasn't taken full legal effect.

      Israel and Egypt have ratified their agreements with Cyprus. Egypt ratified it the same year they signed (2003--no red tape there) and Israel one year after it signed (2011, after signing in 2010).

    5. If Russia were sincerely trying to challenge Western hydrocarbon interests it would ink a deal with Syria and Lebanon to drill and would not play footsies with the "consortium".

    6. Hey WWM

      Maybe, yes
      Maybe, no
      did you happen to read the article I had added to the post re" China and their interests and how they have been going about dealing with them
      Very indepth and i thought you would appreciate it

    7. Not yet Penny, but I plan too. :)

      Wanted to stay focused on the gas rights/border issues/legal agreements first. Then Russia's role. But I am interested in china because we hear so little about its strategy. [also getting sidetracked on Khodorkovsky b/c reading your prior posts I'm reminded how much of a perp he seems to be based on his story and rise to prominence--the Tech geek becoming rich cover story was oft-repeated in the U.S. as well]

      Thanks for focusing attention on all this--it's very enlightening.

    8. Is someone here up to date on what has happened to the Gaza/Israeli issue about where the Gazans have their rights to Med gas/oil fields?


  4. Excellent Penny.

    It's so weird isn't it? Who knew we would be talking about Cyprus in this way two years ago (or so) when I first started reading your blog. BTW, do you remember about the Qatari money that's flowing in and out through Cyprus? The Amir likes to visit a lot too!


    1. Hey Marie

      It is weird you know, how all the pieces fit together.
      I hadn't thought of Cyprus, in the context of Syria, except as a launch pad for attacks
      But after the take down of Cyprus I thought there had to be more to it all
      And of course there was

      And no I did not recall the Qatari money flowing into Cyprus?
      Can you fill me in?

    2. The Dubai Group was the major shareholder in the Laiki Bank, as well as major movers in the Marfin Investment Group previously who were big players in moving capital around, & they seemed to acting on behalf of something called the Middle East Corporation in a number of major investments.

      The Qatari Emir was apparently also a major player in Cyprus, & this is from a PR report from the Laiki bank:
      "Our decision to proceed with such a large investment in Cyprus is due to the fact that the Cypriot economy has not been affected to a great extent by the (world) financial crisis.
      Sheikh Hamad bin Khalifa al-Thani, Nicosia 21 April 2010

      This was the PR report that also talked up Noble energy & the massive gas potential.

      Another interesting little piece has just come which adds to the mix. The first group of names of the companies that pulled out massive amounts of money from the two major banks just before they collapsed has been released.
      The majority seem to be connected to various energy groups & related funds, as well as trading/investment funds. Almost all were western firms with only one Russian name, & he is likely headed for the chopping block at home (salting 2 million Euro's in a foreign bank when you're supposed to be a director in Gazprombank - Akimov is going to be facing some very hard questions).|en&

      PS. all this vast manouvering over the potential gas bonanza could well be another case of Western pundits drinking their own kool-aid. These 'new' giant fields of energy have mostly turned out to be massively overblown in usable energy & vastly expensive to process. The shale gas 'revolution' is a complete farce in real terms, & the vast new Brazilian fields (probably the best of these new offshore oil 'finds' is proving vastly expensive with little to show so far).

    3. Here's the Zero Hedge article on the withdrawals:

      I am highly suspicious of a document such as this. The reports don't explain the provenance of the document and it purports to contain information from all the financial institutions in Cyprus.

      It is conceivable (maybe probable) that the people that pulled off this financial attack are also responsible for releasing this list to create scapegoats. Or, it's possible this is correct information.

      Also, why are some so quick to assure us Russians are minimally involved? How does one know that from a cursory look at a list of businesses and is of unknown provenance? I too assume most of these are "Western" firms, but how can one possibly know that conclusively from just looking at this list? Couldn't some of these companies be majority run by Russians, either openly or not so openly? It is incredibly difficult to discover who really owns a company these days and the Russians have been notorious for hiding who is actually running what company.

      For instance, back in 2003 it was reported:

      "Control of Mikhail Khodorkovsky’s shares in the Russian oil giant Yukos have passed to renowned banker Jacob Rothschild, under a deal they concluded prior to Mr. Khodorkovsky’s arrest, the Sunday Times reported. "

    4. Thanks Ken

      I will look at all the links
      but this "The majority seem to be connected to various energy groups & related funds, as well as trading/investment funds."

      These well timed pull outs...not surprising
      Before the money is gone
      The connected ones

    5. Hey WWM

      Oh I had a big post up on that situation
      However...that was an attempt to confiscate the resources of Russia.

      Khodorkovsky still sits in jail, much to the ire of the US

      But Rothschild having shares only ties anything back to banking cartels
      Not specifically to one nation

    6. Hey Penny.

      Yep, I think I've seen your posts on that before and I know we've discussed this incident before.

      I think I pointed you to this larger conspiracy theory about the breakup of the Soviet Union was orchestrated and financed by the U.S. (Poppy Bush) and that these Russian oligarchs were largely fronts for these Western interests.

      I'm open to these theories not because I want to target Russia, per se, but because this is where the facts are taking me. If anything I am a bit of a Russophile, or used to be, in any case. My favorite history teacher spent time in Soviet Russia and I took extra course work dealing with Russian history because of my interest.

      My skepticism has more to do with the nature of international banking cartels than it does with the Russian character.

  5. great article, thank you.

    1. You are welcome onebranch :)

    2. After few days I finally finished the entire three parts. Again it is a great work and very enlightning. however I have few questions that bothers me with regards to the basis of your starting point. You concluded that EU and US/NATO crushed Cyprus. In my mind EU and USA are not friends, actually they are foes. EU being the largest free gas market, and EU is trying to diversify its gas supply sources and perhaps reduce the dependancy to Russians. Levant gas field could actually help EU to get more secure and maybe cheaper gas either thru undersea pipeline or LNG form. Why EU wants to crush Cyprus? Why EU pushed Cypriots to accept NATO partnershp for Peace agreeement? It seems as if serving to USA' s best interest, not Europa. I would add that Russia's stance on Syria, in this context, is that the Middle East crisis might play into Russia’s hands: the stalemate in Syria quite suits Moscow. If the opposition fails to topple the Bashar Assad regime, there would be no question of a gas pipeline from Qatar to Turkey and Europe. Even so, Moscow does not stand to gain much from an unqualified Assad victory either. As long as the civil war continues, there is no question of an Iranian pipeline in Syria. Gazprom is the winner. I think Israel Turkey relation is critical to shape up the middle east and its sources for the benefit of USA and its currency, USD. I would appreciate if you could explain a bit more why would EU crush Cyprus? thanks and regards.

    3. Hi onebranch:

      Disclaimer: all opinions are my own and you can agree or disagree as you like.
      I accept that not everyone will agree with me at all times nor will I agree with everyone at all times

      " You concluded that EU and US/NATO crushed Cyprus."

      That is how I see it.

      "In my mind EU and USA are not friends, actually they are foes."

      Where as I come from an entirely different position. The EU being under the thumb of US influence since it's subjugation during ww2. Most EU nations still being occupied to this day by the US. The US ,virtually, for all intents and purposes runs NATO and Europe goes along.

      " EU is trying to diversify its gas supply sources and perhaps reduce the dependency to Russians"

      Yes, I am aware of that. But, what is the problem with the EU getting their supplies of energy in their own neighbourhood? Will it be an improvement to pipe it in from parts unknown? If so, for who? Will the EU benefit? Will prices be lowered?
      Will it be more efficient? That all seems doubtful

      "Why EU pushed Cypriots to accept NATO partnershp for Peace agreeement?"

      Because Cyprus is strategically located as explained in Part 1.

      "I think Israel Turkey relation is critical to shape up the middle east and its sources for the benefit of USA and its currency, USD."

      It is, that is why as explained it Part 2 Turkey is the big winner in the taking down of Cyprus. Now Cyprus will be brought to heel wrt energy going through Turkey
      something they have been loathe to do.

      Making Cyprus subordinate to NATO enables NATO to strangle energy transport via the seas.
      Keeping choke points open is vital to China, in particular
      Cyprus can also be used to aid in the over run of Africa

      It would seem because since we have two different starting points we see this from different angles, so I am not sure how much more I can clarify this other then what is contained in the posts and here in my response.

      I do hope that helps?

    4. onebranch:

      "Moscow does not stand to gain much from an unqualified Assad victory either"

      There are some gains...

      Russia would keep their port in Tartous, which they have been spending money to expand for the last few years. They could use the port to link with China to the port in Gwadar, Pakistan. (BRICS is pertinent here)

      Russia can hold off the take down of Iran, possibly....

      Russia also has a vested interest in keeping NATO's Islamists out of the country.

      Since the Chechen fighters are busy in Syria...they are not terrorizing Russia to the extent that they were.
      I have had numerous post here on the Pankisi Gorge terror pipeline via Georgia.
      You would have to look back for those.

    5. Penny,

      Thanks for the responses. I am with you most of the times and appreciated the analysis provided in depth and connected in a logical order. Yes,it seems we have two different starting points but the outcome and the projected policies are in agreement. Thanks again, I am new to your post and follow your future posts. Cheers

    6. Cheers to you too, onebranch!

  6. An aside that is likely connected to Cyprus
    I would expect that the IMF is going to move in, throw Cyprus a "life line"
    so they can develop the energy
    I see the IMF is visiting Egypt too
    More "life lines"

    Weighted ones that is

  7. From about a year ago:

    "By Henning Gloystein and Charlie Zhu

    LONDON/HONG KONG, April 20 (Reuters) - Partners in the huge Leviathan natural gas field offshore Israel aim to sell stakes in the field to bring in other stakeholders and raise cash to help develop the project, sources close to the matter said on Friday. . . .

    Another source close to the matter said that likely partners could include European utilities with upstream gas interests or Russia's Gazprom.

    "We know that Gazprom have been talking about asset stakes, and also Spain's Gas Natural, but GDF Suez is also interested," the source said, adding that the French company would be the most economically sound option.

    "GDF Suez has sufficient LNG experience, big marketing and client potential, as well as assets in neighbouring Egypt, which already has a pipeline connection with Israel," although the Egypt-Israel gas pipeline is not currently a major factor in the decision-making, because it has been blown up several times in the past year, the source said.

    Russia's Gazprom has so far relied largely on piping its gas to Europe but now wants to expand its LNG business in Asia. Israel's gas fields, situated close to the Suez Canal, would be well suited for this, the sources said.

    They said that Asian utilities are also interested in new LNG assets but that a deal with Israel would be politically sensitive with existing clients in the Middle East and Southeast Asia.

    The sources requested anonymity because they are not authorised to speak to media on specific deals. . . .

    Leviathan's consortium also is carrying out exploration and development of Israel's 8.5 tcf Tamar gas field, in which Gazprom has declared an interest.

    Noble has also identified around 7 tcf in the Aphrodite gas field, which is in Cypriot waters, although some part of it could also be within Israel's domain.

    Cooperation between Israel and Cyprus works well, with the two governments having joint exploration agreements in place.

    But experts say that developing Israel's and Cyprus' gas fields will be complicated because of deeper regional conflicts."

  8. " Published: Sept. 13, 2012 at 3:13 PM

    BEIRUT, Lebanon, Sept. 13 (UPI) -- Lebanon's dysfunctional, crisis-ridden government is reported to be close to appointing a panel to oversee exploration of potential rich natural gas fields offshore that could be the salvation of a country hovering on the brink of a new sectarian explosion. . . .

    The signs, based on 3-D seismic surveys, are that Lebanon probably has major gas fields within its maritime economic zone. . . .

    Each sect wants its slice of the potential revenue and, given the deep-rooted corruption in Lebanon's political and economic life, some observers question how much of the eventual gas revenues will reach government coffers.

    This, and the flare-up in sectarian tensions fanned by the 18-month-old civil war in neighboring Syria, has bedeviled Lebanese efforts to create an energy infrastructure and governing body to issue exploration licenses and negotiate contracts with foreign oil companies.

    A recent seminar on gas exploration was attended by dozens of companies. Many were just testing the water but a surprising number were serious about drilling off Lebanon -- although it remains to be seen how many will risk doing so. . . .

    Lebanon has to import 96 percent of its energy consumption on oil imports. . . .

    Right now, Lebanon's state electricity system is falling apart, with major blackouts daily.

    On top of that, the squabbling Lebanese were late in providing the United Nations with Beirut's claims over maritime waters with Israel, with which Lebanon is still technically at war. . . .

    Beirut claims Israel's largest field, Leviathan, with reserves estimated at 16 tcf, encroaches on some 330 square miles of Lebanon's maritime zone. Israel denies that and the countries are locked in an escalating dispute over gas fields and oil worth billions of dollars which could be both countries' economic salvation.

    Israel's equally adamant. Last year, Infrastructure Minister Uzi Landau declared, "We will not hesitate to use our force and strength to protect ... international maritime law.""

  9. From Feb. 26, 2013:

    "OAO Gazprom (GAZP), the world’s biggest natural gas producer, is seeking exclusive rights to export liquefied natural gas produced from fields off Israel’s Mediterranean coast.

    Gazprom Marketing & Trading signed a heads of agreement with Levant LNG Marketing Corp., outlining the terms of a 20- year sales deal from the Tamar floating LNG plant. . . .

    “The execution of the HOA is a major step underpinning the project’s financial feasibility,” Levant said in a statement.

    A final investment decision for the LNG plant is expected by the end of 2013, it said. The plant will be completed in 2017, according to Gazprom.

    The Tamar and Dalit gas fields in the eastern Mediterranean Sea are being developed by a group comprising Noble Energy (NBL) Mediterranean, Delek Drilling (DEDRL), Avner Oil (AVNRL) Exploration, Isramco Negev-2 and Dor Gas.

    Levant LNG was formed by Daewoo Shipbuilding (042660) & Marine Engineering Co., D&H Solutions and Next Decade LLC."

  10. Hi Pen,
    your post is an excellent piece of geo-political analysis. You get to the heart of all the machinations.

    WWM wrote, "It is conceivable (maybe probable) that the people that pulled off this financial attack are also responsible for releasing this list to create scapegoats. Or, it's possible this is correct information."

    Spot-on Walter regarding the scapegoat scenario. There are always two goats in jewish lore - one is sacrificed and the other carries the blame. This leaves the perps free to enjoy the spoils without censure or blame (even from their god) and free to repeat the exercise ad infinitum without anyone being the wiser.

    1. Thanks James
      I take that as a very big compliment coming from you :)
      Not sure that I got to it all, but, it sure as hell is more then the msm is giving us
      and it is so bogus wrt Israel not wanting Syria destroyed
      Israel likes the 'scary man' it knows as opposed to the islamists
      Then the banksters... aargh.
      People need to get it through their heads that their is no humanitarianism involved
      no good guyism, no 'democracy'
      that is all shit!

  11. Great analysis thank you for posting this.
    I watched a syrian analyst today talking about the history of the oil and has fields off the syria shores, very good talk, if you understand Arabic here s the link,

    1. I can't understand Arabic
      If anyone else can, perhaps we can be enlightened with an overview?

  12. If you understand engineering jargon here's the link to cgg where they published findings on the syrian fields

    1. I can give it a whirl.
      With some assistance I might be able to slog through the engineering jargon

  13. Penny, Mr Engdahl arrived at similar conclusions. Perhaps you saved him research time. :)

    Cyprus and the emerging Mediterranean gas wars
    The bizarre drama currently playing out over a Cyprus “bailout/bail-in” has another entire dimension. That is a behind-the-scenes battle for control of the expanding EU natural gas market over the coming decades.
    For more than a century a major background factor in numerous wars across the globe has been the control of oil. Now, with governments across Europe trying to lower their “carbon footprints,” gas and wars over control of gas are emerging.
    The bizarre conflict over Cyprus and Greece, as well as Syria, have more than a little to do with the new gas wars geopolitics.
    In December 2011, Texas’ Noble Energy, found a field offshore Cyprus estimated to hold at least 7 tcf of natural gas. Noble Energy found huge gas reserves offshore Israel in 2010, giving Israel for the first time the prospect of becoming a major gas player too. Now the plot thickens.

    1. Hi Clothcap:
      Oddly enough I saw his piece after i had done all the work on mine.
      Perhaps another atom turned?

  14. I am very pleased to see that some industrious individuals have spread this around the web
    Glad to know the work is valued. :)

  15. Hi,

    KenM has got it right! I can only answer from a Cypriot 'civilian' pov...A few years back, as you know, and as jested about on my blog, people came a searchin for Atlantis under the sea around Cyprus! Anyone in their right mind new that it was something else they were looking for. I even had it on good authority that the US Geologists that turned up to 'map the weather' on the island ended up doing 'coastal research'...and then you have the Nat Geographic last year, poking around down there looking for fish. Of course, it's funny with hindsight, but the truth is it's all about the strategic position and the gas (and possible oil) that happens to be under there and shared zones between Israel, Lebanon, Egypt and so on....When the mysterious powerstation blast occured people started to wonder...Cyprus...almost totaly independent, richest small member of the EU, getting far too big for its boots!

    Something's got to give.

  16. Hey all will be back with a new post, asap
    just busy.... :)

  17. Hello again Penny,
    How it works, an historic example to contrast your contemporary articles.
    Annunaki, Iraq & Pearl Harbor

    Who works it.

    Gangs they work it through.
    (Omits the illegal weapons trade, drugs and child sex industry hierarchy, the intermediary level is the secret services.)

    1. Hello again Clothcap and much appreciated!

  18. Wow, Penny should be named billion dollar. What an education in a short amount of time. The three posts taught me more about Middle Eastern Politics that I had learned in my previous 71 years.Gotta go and read the additional update.

    1. Thanks :)

      That is quite a compliment
      Hang out here and you can learn along with me!
      Believe me, having this blog is a learning experience for myself as much as it is for the readers.
      bye for now!

  19. Agreed! Your information connects so many pins on the map, so to speak. Thank you for your energies in this.

    1. Thanks for the kind words
      I don't mind expanding the energy when this piece has been so well received

  20. Hi Penny, will be hearing this soon (coming out of Cyprus) I've been watching it live this evening and it's all confirming what you've said.
    1) Israel in talks with Cyprus to partner on the Gas fields - Netanyahu 'promises' they will be up and drilling in TWO years if agreement is signed!
    2) China in talks to buy the state airline Cyprus Airways
    3) Kuwait in talks to buy a a portion of the Laiki Bank debt
    4) A new 'urban terror' group in Cyprus has announced through social media its formation and intention to KILL all those responsible for the crisis and that includes the President and his family! They are being called a 'secret organisation with no affiliation to any political party'!
    4) Investigations find NO GOOD REASON for the high number of Greek Bonds bought!
    5) There's been a 'mass deletion of data' from the Bank of Cyprus files!!


    1. So Cyprus is for sale..
      Not surprising

      and the crimes are being covered up by the perpetrators
      It is so bad for the Cypriots and it is going to get worse
      A new urban terror group? A reason to clamp down hard on the people
      Or something organic?
      I wonder???
      thanks for keeping me up to date Marie :)

  21. Penny

    This series is a very useful reference tool on the "arranged" crisis in Cyprus. Many thanks for posting it.

    вот так

    1. Your welcome BOT TAK

      thank goodness I am a total news/political devotee
      It was quite a bit of work,but really well received
      glad to know you are still poking around here
      feel free to stop by

    2. Penny

      Thanks :)

      вот так