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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

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