News organizations are reporting that a huge new natural gas field just discovered in the eastern Mediterranean is in Israeli territorial waters – for example, the UPI headline reads: "Huge natural gas reserve found in Israel."
However, it appears that the gas field actually straddles the border of several nations.
Israel has a history of confiscating water resources that belong to or are shared with others. It appears that it is poised now to do the same with gas.
Fast-Neal Ungerleider – A gigantic natural gas field that could yield millions of barrels of oil was recently discovered on the maritime border between Israel, Lebanon, the Gaza Strip, Cyprus, and Northern Cyprus. While it could be a military catastrophe, steps are being taken to divide the spoils. Read more