raiha
01-12-2009, 04:13 PM
Sound familiar?
Gaza is a small strip of land on the Mediterranean Sea. Its territorial waters extend to about 35km off the coast. In 1999, the oil firm BG International discovered a huge deposit of natural gas 32km from the Gaza coast. The Gaza Marine gas field contains 1.2 trillion cubic feet of gas valued at over $4 billion. As per the Oslo peace accords, which created Gaza, Israel has security control over air and water around Gaza. So, it wrangled a deal with BG to get access to Gaza Marine gas at cheap rates.
http://timesofindia.indiatimes.com/Gas_deal_coming_polls_behind_military_operations_i n_Gaza/articleshow/3935036.cms
Gaza is a small strip of land on the Mediterranean Sea. Its territorial waters extend to about 35km off the coast. In 1999, the oil firm BG International discovered a huge deposit of natural gas 32km from the Gaza coast. The Gaza Marine gas field contains 1.2 trillion cubic feet of gas valued at over $4 billion. As per the Oslo peace accords, which created Gaza, Israel has security control over air and water around Gaza. So, it wrangled a deal with BG to get access to Gaza Marine gas at cheap rates.
http://timesofindia.indiatimes.com/Gas_deal_coming_polls_behind_military_operations_i n_Gaza/articleshow/3935036.cms