MAY 4, 2024 JLM 58°F 02:58 AM 07:58 PM EST
What will happen to the gas field off the coast of Gaza?

A number of Arab media channels are already promoting the idea that part of Israel's motivation to take control of Gaza is the desire to also take control of the natural gas field located 30 km from the shores of the Gaza Strip. 

As is known, this gas field was discovered in 1999 and has commercial potential (according to estimates 1.4 trillion cubic feet). Interest in the field rekindled in 2022 following the energy crisis as a result of the Russia-Ukraine war. 

There is an agreement between the Palestinian Authority and an Egyptian company to develop the field and Israel has given its approval.
 
As a matter of fact, the main reason that the field is not being developed is due to the internal disputes between the Palestinian Authority and Hamas and the desire of all parties involved (Israel, Egypt and the PA) not to give Hamas any opportunity to enjoy the development of the field. 

Now, to the extent that Hamas is eliminated and no longer controls Gaza, the development prospects of this field under Israeli and international supervision increase significantly.

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Comments
Jericho Joe 16:58 18.11.2023
The Palestinian leadership will twist anything into an opportunity to call into question the legitimacy of Israel. This is just another hit piece for that purpose. Greed doesn’t drive Israel’s war.
Johnandtoni Miller 12:40 18.11.2023
The Gaza strip is part of Israel proper therefore the gas fields off shore also belongs to Israel. Don't give your treasurer to your enemy like Biden does Iran. Foolish!
[Anonymous] 07:02 18.11.2023
According to I AM, it belongs to ISRAEL!!!!!!!
Selina 06:55 18.11.2023
To the victor, belong the spoils.
[Anonymous] 05:47 18.11.2023
Israel deserves to own it. Take back the land God gave you! It’s yours.
[Anonymous] 05:40 18.11.2023
More lies shame on them. Also money for rebuild in areas which were attacked.
[Anonymous] 05:38 18.11.2023
It’s not true, Israel eye is set on destroying Hamas and all those who follow them. Israel should take the gas field and use the money for those who lost their homes, family and friends. More lies..
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