Eastern Mediterranean Natural Gas a Potential Windfall for Israel and Lebanon– And of Course Hezbollah Wants It
But there’s a catch. There’s always a risk of war when two nations are trying to vie for the same resources under a similar border/sea. Think August 1990 at the Iraqi-Kuwaiti border. Of course, Hezbollah is sounding the war alarms in an attempt to gain more power for themselves:
“Lebanon’s need for the resistance has doubled today in light of Israeli threats to steal Lebanon’s oil wealth,” Hezbollah’s Executive Council chief Hashem Safieddine said last month. The need to protect the offshore wealth “pushes us in the future to strengthen the resistance’s capabilities.”
According to the article, Israel is going to start producing natural gas in two years and will have enough energy for the next twenty years.
Of course there’s talk of Lebanon also developing these waters. Without significant foreign help, it does not appear like Beirut will be able to do so. And furthermore, Hezbollah definitely will not be able to develop and maintain such an infrastructure if it ever took over the country. That being said, it follows that we should prevent those terrorists from getting a hold of such a lucrative resource.
Cross-posted at Jumping in Pools.