Mediterranean gas wars

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Heracleum Persicum
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Mediterranean gas wars

Post by Heracleum Persicum »

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New Syrian gas discoveries, are believed to equal or exceed those of Qatar



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Qatar, a major backer of the toppling of the Assad regime in Syria has a vested interest there related to gas. Qatar has bid to become the world’s premier LNG gas exporter. Its North Field is contiguous to Iran’s South Pars gas field in the middle of the Persian Gulf. Qatar at the moment is backed by Turkey against Assad’s Syrian regime.

Now, a major motivation to both want Assad off the map, and chaos in Syria might just be that in July 2011, Syria, Iran and Iraq signed a $10 billion agreement for a gas pipeline from Iran’s Port Assalouyeh near South Pars to Damascus, Syria via Iraq. Iran plans to extend the pipeline from Damascus to Lebanon’s Mediterranean port where it would be delivered to EU markets.

Adding to Qatar’s determination to destroy the Syria-Iran-Iraq gas cooperation is the discovery in August 2011 by Syrian exploration companies of a huge new gas field near the border with Lebanon and at Tartus on the Syrian Mediterranean. Any export of Syrian or Iranian gas to the EU would go through the Russian-tied port of Tartus.

According to informed Algerian sources, the new Syrian gas discoveries, are believed to equal or exceed those of Qatar.

The Iran-Iraq-Syria gas pipeline to the EU would be a de facto Shi’ite pipeline from Shi’ite Iran via Shi’ite-majority Iraq onto Shi’ite-friendly Alawite Al-Assad’s Syria. No surprise that Qatar backs an anti-Shi’ite Muslim Brotherhood solution for Syria Qatar-friendly. Sunni Salafist Qatar hosts the Brotherhood presently, as well as the US military and the British. Interesting combination.

Now, enter Israel as a new major gas player. Russia, the steadfast backer of Assad in Syria and defender of Russian naval rights at Syria’s Tartus port, has weighed in on the side of…Israel.

Nothing personal, just business, geopolitical energy business. Tamar natural gas field off the coast of Israel is expected to begin yielding gas for Israel’s use in 2013. And Noble in late 2010 found an enormous natural gas field, Leviathan, offshore of Israel in the Levantine Basin.

On February 26, Russia’s Gazprom signed a 20-year deal with Levant LNG Marketing Corp. to exclusively buy liquefied natural gas (LNG) from Israel’s offshore Tamar field also in the Mediterranean off the coast of Haifa. Gazprom has reportedly during the crisis also offered Cyprus to develop its gas reserves. Cyprus, reeling from the results of the bank crisis, badly needs a strong partner to develop its new-found gas wealth. That can’t happen unless they have a strong partner to face up to Turkey who claims rights over Turkish Cyprus waters. Gazprom has huge leverage over Turkey as supplier of 40% of Turkish gas for her industry. Moscow and Gazprom may yet emerge the net gainer from these hidden Mediterranean gas wars.

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Looks to me, again, major Oil companies are financing all the wars in that space, America doing on their behalf

looks like a GAS play


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