$15 BILLION WORTH OF ISRAELI NATURAL GAS TO BE SOLD TO EGYPT

[Crocodile]

This gas Hub dream/pipeline among the tri-party...would stay a dream with Turkey involvement...
Cyprus is the key to make the area... a true international hub... with key roads to Europe...
Without it... they gonna stay second rate "exporters"

So basically Sultan Bahlool of Istanbul threatens to break everyone's toys if they don't let him play. Let him throw his tantrums, all our treaties with Greece and Cyprus are according to international law and recognized by the UN. He can drink his gas for all we care.

 

[HannibalBarca]

So basically Sultan Bahlool of Istanbul threatens to break everyone's toys if they don't let him play. Let him throw his tantrums, all our treaties with Greece and Cyprus are according to international law and recognized by the UN.

YOu know that "treaties" and "deals" are not the only way/thing to keep others away...
For Turkey her EEZ goes to block 6... and North cyprus EEZ take the other side...
Something Greek cypriots do not accept, neither Greece... but still... it's their "problem"...

Egypt in all of that...has no power..;since it's not on her "property"... and can't even defend or act upon it...since it's not her "property"...
So Egypt can make any deals she want, under any "watch"..he doesn't take away a territorial dispute of third parties... and therefore their respective problems...

 

[Crocodile]

Egypt helping the Zionist to sell stolen Palestinian Gas. and fund the Zionist entity to tune of 15 billion dollars a year might be a "win-win" for some elite pockets in Egypt and the Zionist entity..

but will surely be a loss for Palestinians and virtually all of humanity.

good job Egypt.

 

[mahatir]

Most likely to be liquified and resold..since Egypt has enough gas for itself and will become an exporter in 2019..

Exactly the goal is to turn Egypt into a gas hub , Turks must be barking about this now , Turkey has been eager in transporting Israeli gas to Europe .

 

[The SC]

it now appears nearly all the Arab states have some sort of a recognition or a relationship with Israel in some way. Either In trade-deal or in intelligence sharing partnership

And in mean time 1000s miles away in U.N. New York , Pakistan alone voice in a corner fighting with Israel over its disputes with Arabs. I know it’s not that simplistic but there’s more to it . But surely Pakistan should now be looking after its own interest to ?

False talk.. only Egypt and Jordan that have peace treaties with Usrael.. this deal comes as per the Camp David treaty between Egypt and Usrael..

To the best of the Partnership's knowledge, the Buyer, is a gas trading company intending to supply current and potential large-scale gas consumers in Egypt..

Government of Egypt intention is to become a regional hub for gas export internationally..

The law mandates the creation of a new independent gas regulator Offering an opportunity to the private sector to enter and compete in wholesale downstream market segment..

http://ir.delekdrilling.co.il/delek-reports/

 

[mahatir]

Egypt helping the Zionist to sell stolen Palestinian Gas. and fund the Zionist entity to tune of 15 billion dollars a year might be a "win-win" for some elite pockets in Egypt and the Zionist entity..

but will surely be a loss for Palestinians and virtually all of humanity.

good job Egypt.

Iran and Turkey supported Terrorism in Egypt for too long but all your dirty plans will not work in preventing Egypt from becoming an energy transit hub .

 

[The SC]

Egypt helping the Zionist to sell stolen Palestinian Gas. and fund the Zionist entity to tune of 15 billion dollars a year might be a "win-win" for some elite pockets in Egypt and the Zionist entity..

but will surely be a loss for Palestinians and virtually all of humanity.

good job Egypt.

That is $15 billion on a 10 years period..not every year.. at least read the news correctly before commenting..please..

 

[mahatir]

Would it go well without "OUTRAGE!!!" protests in Egypt?

Egyptians are busy now calculating energy transit fees they will get from rexporting israeli gas to Europe.
Only Turks and some Arabs would be against this agreement or anyother agreement that benefits Egyptian economy , as you know some Arabs hate Egyptians more than Jews and wish to see Egypt destroyed .

YOu know that "treaties" and "deals" are not the only way/thing to keep others away...
For Turkey her EEZ goes to block 6... and North cyprus EEZ take the other side...
Something Greek cypriots do not accept, neither Greece... but still... it's their "problem"...

Egypt in all of that...has no power..;since it's not on her "property"... and can't even defend or act upon it...since it's not her "property"...
So Egypt can make any deals she want, under any "watch"..he doesn't take away a territorial dispute of third parties... and therefore their respective problems...

Egypt has the right to develop itself just like any other country , Turkey can bark all day long this wount change the fact that Egypt will become a major gas trading hub.

 

[HannibalBarca]

Egypt has the right to develop itself just like any other country , Turkey can bark all day long this wount change the fact that Egypt will become a major gas trading hub.

Well, let's hope so.
But the debate wasn't on that subject...but the ability of Egypt "answer" to this conflict.
We saw this last week... a ping pong match btw TR and EGY on that's so called "Block 6-Cyprus EEZ" conflict... where Egypt/Turkey said they will answer at each others etc...
What I wanted to point at...is that Egypt "can't" make a move in that area...or "defend" it as she said...since it' snot her territory... Cyprus EEZ is tri-party conflict btw TR-GK-and GK Cyprus...and them alone...

Yes Egypt did make some deals with Cyprus... but still...Cyprus "entity" is not recognized (by TR)...therefore, if not recognised...TR will not accept such "deals" etc...

 

[mahatir]

So basically Sultan Bahlool of Istanbul threatens to break everyone's toys if they don't let him play. Let him throw his tantrums, all our treaties with Greece and Cyprus are according to international law and recognized by the UN. He can drink his gas for all we care.

خليهم يفرحوا بمزارع الزتون في عفرين و الغاز لمصر , شوية كلاب الله يحرق ايران على تركيا على الاخوان عالم وسخة

 

[The SC]

Egyptians are busy now calculating energy transit fees they will get from rexporting israeli gas to Europe.
Only Turks and some Arabs would be against this agreement or anyother agreement that benefits Egyptian economy , as you know some Arabs hate Egyptians more than Jews and wish to see Egypt destroyed .



Egypt has the right to develop itself just like any other country , Turkey can bark all day long this wount change the fact that Egypt will become a major gas trading hub.

There are also Greece, Cyprus and KSA coming with their gas to Egypt..that will make Egypt a major gas trading hub in the world.. Because big gas cartels might emerge from it to compete with the US, Russian and Chinese gas cartels..

 

[HannibalBarca]

There are also Greece, Cyprus and KSA coming with their gas to Egypt..that will make Egypt a major gas trading hub in the world.. Because big gas cartels might emerge from it to compete with the US, Russian and Chinese gas cartels..

Per exemple Zohr gas field is already owned by RU with 30%...
US/RU/CN cartels don't care for competition...since they already in it...

Same goes with Lebanon (RU) or Israel (US) or Cyprus (Italy)/(Turkey)
KSA will mostly take a good share of EGY gas field.
In the End... it's a good part foreign owned.

 

[mahatir]

There are also Greece, Cyprus and KSA coming with their gas to Egypt..that will make Egypt a major gas trading hub in the world.. Because big gas cartels might emerge from it to compete with the US, Russian and Chinese gas cartels..

Exactly, this is why clowns on Aljazeera are screaming about this deal , it will affect Qatar market share in LNG market. The other advantage will be USA and West will end their support for terrorist organizations in Egypt in order to protect their companies investments in Egyptian gas infrastructure.

I know the deals with Cyprus have already been signed and Egypt can also export electricity to these countries in-return for gas.

Well, let's hope so.
But the debate wasn't on that subject...but the ability of Egypt "answer" to this conflict.
We saw this last week... a ping pong match btw TR and EGY on that's so called "Block 6-Cyprus EEZ" conflict... where Egypt/Turkey said they will answer at each others etc...
What I wanted to point at...is that Egypt "can't" make a move in that area...or "defend" it as she said...since it' snot her territory... Cyprus EEZ is tri-party conflict btw TR-GK-and GK Cyprus...and them alone...

Yes Egypt did make some deals with Cyprus... but still...Cyprus "entity" is not recognized (by TR)...therefore, if not recognised...TR will not accept such "deals" etc...

Italy and Europe will defend Cyprus since their companies are the ones investing there. Turkey will simply have to take bitter pill , this is the result of supporting terrorist organizations like MB and Alquada .

 

[HannibalBarca]

Italy and Europe will defend Cyprus since their companies are the ones investing there. Turkey will simply have to take bitter pill , this is the result of supporting terrorist organizations like MB and Alquada .

They will condemn vocally...but not more than that... Italy and EU has far far more ties and investment with Turkey than Cyprus or any one in the Mediterranean sea combined. even with Gas fields investment... TR alone will give 50-60% of gas to Europe... in the coming years...
As for supporting that or this... it has nothing to do with a "potential" front against Turkey...
AQ and Cie were enough supported by GCC...for not being a problem to EU...

And if in the future... a pipeline became a reality in Med east... it will mostly pass via Cyprus and then Turkey... Right now... the Energy hub (in the region) is indeed Turkey... (at least for EU), with the completion of RU-TR pipeline / AZeri-TR pipeline / KRG pipeline/Iraq pipeline etc...

 

[Gomig-21]

The contract is already signed.. the Egyptian public won't protest it, first, since it is a private venture.. second because Egypt will make money off it buy using its liquefying stations..third, everyone wins.. Usrael makes money selling its raw gas, the Dolphin company will make money re-exporting it..and the Egyptian state or whomever owns the treatment stations will also make money..

Egypt is really doing a favor to Usrael, because otherwise it could have refused this deal.. and it would have been very harsh on Usrael who wouldn't be able to export it.. and lose all its investments in the gas fields....but Egypt looks for its interests too and the deal will be beneficial..

Netanyahu said that "this day is a day of celebration for Israel, I welcome this historic agreement announced today, on the export of Israeli gas to Egypt"

The contract is $15 billion spread on 10 years..that is $1.5 billion a year for raw gas..liquefying it and reselling it, might make a $1.5 billion/year in profits..or $15 billion on the same period of time.. that lives the Egyptian company and the Egyptian state with a $15 billion in profits to split between them..

Since Natural gas import prices revolve around $2 (Dollars per Thousand Cubic Feet)..and the export prices of the liquefied natural gas revolve around $4..

Natural Gas Liquids (NGLs) vs LPG vs LNG
http://www.elgas.com.au/blog/1789-natural-gas-liquids-ngls-vs-lpg-vs-lng-differences-uses

The 2 main stations for gas conversion from natural condensate to LPG and many other forms such as propane and butane etc. are in Damietta and Adco, which just opened up last year and are the only ones in the eastern Mediterranean to have the capacity to make these conversions at the scale that's required for such an investment.

There are also several theories out there as to the political twist to this deal which I'm sure you're aware of. That's what actually makes this whole thing fascinating because everyone knows the largest fields in the Mediterranean (Zohr) belongs to Egypt and so why this deal? The political ramifications will have far reaching consequences and that's where we'll have to keep an eye out as to how that plays out.