O-I-L? No. G-A-S
Posted by Charles II on February 26, 2015
We used to say that the Iraq War was about O-I-L. Now it seems that the Palestine conflict may largely be about G-A-S.
Michael Schwartz, The Nation:
Amid the many fossil-fueled conflicts in the region, one of them, packed with threats, large and small, has been largely overlooked, and Israel is at its epicenter. Its origins can be traced back to the early 1990s when Israeli and Palestinian leaders began sparring over rumored natural gas deposits in the Mediterranean Sea off the coast of Gaza. In the ensuing decades, it has grown into a many-fronted conflict involving several armies and three navies.
Back in 1993, when Israel and the Palestinian Authority (PA) signed the Oslo Accords that were supposed to end the Israeli occupation of Gaza and the West Bank and create a sovereign state, nobody was thinking much about Gaza’s coastline. As a result, Israel agreed that the newly created PA would fully control its territorial waters, even though the Israeli navy was still patrolling the area.
An immense field of recoverable natural gas was discovered in the Levantine Basin, a mainly offshore formation under the eastern Mediterranean. Israeli officials immediately asserted that “most” of the newly confirmed gas reserves lay “within Israeli territory.” In doing so, they ignored contrary claims by Lebanon, Syria, Cyprus and the Palestinians.
We covered this story on April 21, 2010.
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