Archive for East Mediterranean Gas Forum

Israel, Egypt, and European Union Sign Historic Gas Deal

Posted in #PaulthePoke, Ezekiel 38-39, Prophecy, Trend Update with tags , , , , , , , , , , , , , , on June 16, 2022 by paulthepoke

Deuteronomy 33:18-19 And of Zebulun he said, “Rejoice, Zebulun, in your going out, and Issachar, in your tents. They shall call peoples to their mountain; there they offer right sacrifices; for they draw from the abundance of the seas and the hidden treasures of the sand.”

In early October 2015, Israel discovered a vast oil deposit in the Golan Heights region north of the Sea of Galilee. The coast of Israel is home to two tremendous areas of natural gas. The Leviathan oil and gas basin in the Mediterranean Sea is believed to hold 1.7 billion barrels of oil. The basin also holds an estimated 122 trillion cubic feet of natural gas (Noble Energy, U.S. Geological Survey). A second oil and natural gas basin is the Tamar. It is estimated to hold 7.9 trillion cubic feet of natural gas (Noble Energy). In June of 2022, a third major basin is emerging, the Karish gas field.

Click on the video/audio link below for more analysis and commentary.

Cairo, Egypt, June 16, 2022: Israel, Egypt, and the European Union have signed a historic gas deal. The document has gas deliveries to Europe until 2050. Under the plan, Israeli gas will be transported by pipeline to Egypt’s Liquid Natural Gas (LNG) terminal on the Mediterranean Sea. Then, LNG will be transported by ship to Europe.

The deal should bring 1 Billion shekels or $290 million dollars to the Israeli government.

Egyptian Petroleum Minister Tarek el-Molla indicated the agreement should result in more economic cooperation between members of the East Mediterranean Gas Forum, which comprises Jordan, Israel, Cyprus, Greece, Egypt, the Palestinian Authority, France and Italy.

Europe now has existing gas deals with Israel, the United States, and Qatar.

“The memorandum of understanding will allow Israel to export Israeli natural gas to Europe for the first time, and it is even more impressive when one looks at the string of significant agreements we have signed in the past year, positioning Israel and the Israeli energy and water economy as a key player in the world,” Israeli Energy Minister Karine Elharrar.

https://www.timesofisrael.com/israel-eu-egypt-agree-deal-to-export-natural-gas-to-europe/

“This is a historic day for the EU’s energy engagement and energy security: Signing the MOU with Egypt and Israel, two reliable, strategic partners. We will be able to count on LNG from Israel and the Mediterranean region via the Egyptian LNG infrastructure,” EU Energy Commissioner Kadri Simson

Read more: https://www.al-monitor.com/originals/2022/06/israeli-energy-minister-inks-deal-export-gas-europe-egypt#ixzz7WQ2wQRUi

The European Union receives approximately 40% of its natural gas from Russia.

“The Kremlin has used our dependency on Russian fossil fuels to blackmail us. Since the beginning of the war, Russia has deliberately cut off its gas supplies to Poland, Bulgaria and Finland, and Dutch and Danish companies, in retaliation for our support to Ukraine,” European Commission President Ursula von der Leyen.

https://www.middleeasteye.net/news/israel-egypt-eu-gas-export-deal-signed

As this deal was being signed, Russia via Gazprom closed the spigot of natural gas by 15% to Italy on the same day. An explanation was not given. Italy receives 40% of its gas from Russia.

Gazprom also cut delivery of natural gas to Germany by 40%. Equipment repairs were needed, allegedly.

https://oilprice.com/Energy/Natural-Gas/Gazprom-Reduces-Gas-Flows-To-Italy.html

Ezekiel 38:12 to capture spoil and to seize plunder, to turn your hand against the waste places which are now inhabited, and against the people who are gathered from the nations, who have acquired cattle and goods, who live at the center of the world.

…to turn your hand against the waste places which are now inhabited… This is an accurate description of the land of Israel prior to their return to the land in the early 20th century. The land was known as chorbah in the Hebrew. Per Strong’s it means: a place laid waste, ruin, waste, desolation, or a desert.

… and against the people who are gathered from the nations… From the Balfour Declaration in 1917, the rebirth of a nation in 1948, to reclaiming Jerusalem as its capital in 1967, Jews have been returning to their land to the present day.

… who have acquired cattle and goods… Cows from Israel are noted to be the most productive in the world when it comes to milk. Cows are constantly monitored and under intense observation. Data is taken intently from a variety of perspectives.

… who live at the center of the world. This is God’s view of the nation Israel. This is where His people live. The geography of the nation is “the center of the world”.

https://www.amazon.com/Paul-Lehr/e/B09W8FB77N

Israel Joins the East Mediterranean Gas Forum, September 2020

Posted in #PaulthePoke, Ezekiel 38-39, Prophecy, Saudi Arabia/Sheba/Dedan, Trend Update with tags , , , , , , , , , , , on September 22, 2020 by paulthepoke

September 22, 2020: Today, Israel has become a member of the East Mediterranean Gas Forum (EMGF). The virtual conference was hosted in Cairo, Egypt. Current members include Egypt, Jordan, Greece, Cyprus, Italy and the Palestinian Authority. The goal of the group is to supply Europe with 10% of its natural gas needs.

Of note, France wants to be a member of the forum. The European Union and the United States are “observers”.

“…contribute to advancing regional stability and prosperity, creating an environment of trust, prosperity, stability and neighborly relations through regional energy cooperation…” -EMGF

https://www.timesofisrael.com/israel-joins-new-regional-forum-in-hope-of-selling-gas-to-europe

The EastMed Pipeline is estimated to cost $8 billion and will deliver up to 12 billion cubic meters of gas annually to Europe. The EastMed will be the deepest under sea pipeline. The line is estimated to be 1,250 miles (2,000 kilometers) long.

https://paulthepoke.com/2019/03/19/israel-greece-and-cyprus-participate-in-gas-summit-march-2019/

Israel discovered natural gas off their coast in the Mediterranean in October 2015. There is enough gas for Israel to be energy independent and a significant exporter to western Europe. These gas fields are set to be ready for production in 2021.

https://paulthepoke.com/2015/10/14/trend-update-russia-magogisrael-ezekiel-38-39-october-14-2015/

Ezekiel 38:12 …to seize spoil and carry off plunder, to turn your hand against the waste places that are now inhabited, and the people who were gathered from the nations, who have acquired livestock and goods, who dwell at the center of the earth.

Currently, Russia is the largest exporter of natural gas to Europe.

These are the intentions of Gog, the leader of Magog (Russia). The Russians, along with the Turks and Iranians are planning to invade. Their motivation is economic. They want to steal natural resources from Israel.

Turkey has not been included the East Mediterranean Gas Forum. Of course the Turks will join forces with the Russians. These are the countries who stand to lose out economically because of the EMGF.

Ezekiel 38:13 Sheba and Dedan and the merchants of Tarshish and all its leaders will say to you, ‘Have you come to seize spoil? Have you assembled your hosts to carry off plunder, to carry away silver and gold, to take away livestock and goods, to seize great spoil?’

Historically, per Strong’s Concordance and NET Bible, Raamah settled in the southwest of the Arabian Peninsula. Sheba settled in the southern Arabian Peninsula. Dedan settled in the northern Arabian Peninsula. Dedan was an ancient capital of Saudi Arabia. It is modern day Al Ula in northwest Saudi Arabia. These areas make up what is modern day Saudi Arabia.

In light of recent Middle East peace developments and Biblical prophecy, don’t be surprised if Saudi Arabia has an agreement for normalized relations with Israel.

Today, Israel wishes Saudi Arabia congratulations on their 90th national year as a country. Israel expresses a future “with goodness and blessing in light of security, safety and prosperity, with our wishes for an atmosphere of peace, cooperation and good neighborliness.”

According to Ezekiel’s prophecy, it would appear modern day Saudi Arabia along with at least Bahrain, the United Arab Emirates, Egypt and Jordan will protest the potential Russian invasion. Prophecy seems to indicate there will be more countries in this coalition with Israel.

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