Uploaded on 15 Jun 2011
Gaza’s energy authorities say Israel is planning to steal Gaza’s natural resources.
This comes after Israel’s Ministry of National Infrastructure authorized earlier this week Noble Energy, a crude oil and gas exploration giant, to begin developing a natural gas field off the Gaza Strip coastline.
Israel says the decision to grant the approval was made in light of what it described as a severe shortage of natural gas supplies.
The BG Group drilled two wells in 2000: Gaza Marine-1 and Gaza Marine-2.
Reserves are estimated by British Gas to be of the order of 1.4 trillion cubic feet, valued at approximately 4 billion U.S dollars.
The issue of sovereignty over Gaza’s gas fields is crucial. From a legal standpoint, the gas reserves belong to Palestine. UN resolution 3005 affirmed the principle of sovereignty of the population of occupied territories over their natural wealth and resources.
Crude oil and natural gas sit in pockets in the onshore region of occupied Palestine. One of the wellheads that has been producing crude oil for Tel-Aviv for some years sits off the Northeast tip of the Gaza Strip and was once Palestinian Territory.
Analysts blame the international community for failing to protect the rights of Palestinians.
Since the beginning of the blockade, British Gas has been dealing with Israel. In turn, the Hamas government has been bypassed in regards to exploration and development rights over the gas fields.
Israel has received the bulk of its natural gas supplies from Egypt in the past two decades but the supply was interrupted following the anti-government protests and the ouster of former Egyptian president Husni Mubarak. Now experts say Israel may plan to tap into Gaza’s Natural Gas reserves to meet its needs.