. Medical and Hospital News .




ENERGY TECH
Turkish energy hub plan faces hurdles
by Staff Writers
Tel Aviv, Israel (UPI) May 9, 2013


Israel's rapprochement with onetime strategic ally Turkey is a vital element in Ankara's drive to become the intercontinental east-west energy hub in the Mediterranean and many expect it to produce an energy alliance that will transform the region.

Turkish Prime Minister Tayyip Recep Erdogan has, since taking power in 2002, transformed his country's economic prospects through a wide-ranging diplomatic drive aimed at restoring Turkish leadership in the region.

He has long sought to transform Turkey, which has no energy resources of its own, into the unassailable central hub for transporting oil and gas from the eastern Mediterranean, the new hot zone, to Europe and maybe to Asia as well.

So there's a powerful geopolitical ambition, rather than a simple commercial objective behind Erdogan's push for energy glory and for Israel to participate.

But there are important technical and geopolitical hurdles to overcome before this or similar plans can be put into action to tap into the estimated 122 trillion cubic feet of gas the U.S. Geological Survey says lies under the Levant Basin.

"The easiest way for Israel to sell the resource abroad would be to build a pipeline running along the coasts of Lebanon and Syria end eventually reaching Turkey," the U.S. global security consultancy Stratfor said.

"But Lebanon and Syria are openly hostile to the idea. Even if they agreed, neither country has a government stable enough to secure such a project in perpetuity."

Syria's torn by a bloodbath of a civil war now in its third year and that's increasingly spilling over into volatile Lebanon which could, within months, become part of the conflagration on Israel's northern border. Ditto Jordan.

Israel, with its Tamar and Leviathan fields containing some 30 tcf, had sought to make common cause with Cyprus, whose fields abut Leviathan.

They'd been discussing joint exports, possibly through a pipeline to Europe via Greece. But the rapprochement between Israel and Turkey, and Cyprus' 2012 economic meltdown, pretty much put paid to that.

The Turks were also galvanized by attempts by Russia, Turkey's rival and the main gas exporter to Europe, to grab a stake in the eastern Mediterranean.

"Russia wants to ensure that any prospective energy exports to Europe that circumvent the Russian mainland still require a Russian signature," one industry insider said.

The Israel-Turkey rapprochement was engineered to a large extent by U.S. President Barrack Obama when he visited Israel in March, with particular U.S. geopolitical objectives in mind.

The confrontation between the two regional military heavyweights was a major setback for U.S. policy in the Mideast at a time when American influence was waning in the aftermath of the Iraq and Afghanistan wars.

Israel and Turkey split after the Israeli navy intercepted a Turkish flotilla of civilian vessels carrying humanitarian aid to the blockaded Gaza Strip May 31, 2010, and killed nine Turks.

Ankara was dismayed to find that the Jewish state then set aside old tensions with Greece, Turkey's traditional rival, and war-divided Cyprus, dominated by the Greek Cypriot south.

Even before Obama's visit to Israel, well-informed sources said Ankara had put out feelers to Israel about jointly developing an underwater pipeline from Israel's gas fields to southern Turkey.

The Zorlu Group, a Turkish conglomerate, was reported to be discussing this with Israeli officials and the partners operating Leviathan, Israel's biggest with reserves estimated at up to 20 tcf of gas.

These included Noble Energy Inc. of Houston, and Australia's Woodside Petroleum, the first -- and only -- foreign outfit to buy a stake in the Israeli gas boom.

The pipeline under the eastern Mediterranean would have a capacity of 282 billion-353 billion cubic feet of gas a year.

"The region's pervasive political instability will hamper Israel's ability to navigate the major infrastructural and political obstacles that prevent it from exporting natural gas," Stratfor cautioned.

"There's a rather substantial gap between the strategic intent of the player and the actual likelihood of their plans coming to fruition.

"This is a common trait of energy politics, since loose estimates of reserves can quickly evolve into grand strategies before the first feasibility test is even conducted," it observed.

"The eastern Mediterranean will continue to attract a lot of attention in the coming years, but actions driven by geopolitical desire don't always yield tangible commercial results."

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...





ENERGY TECH
Oil prices rise after Israeli air strikes on Syria
New York (AFP) May 6, 2013
Oil prices climbed Monday after Israeli air strikes in Syria raised fresh concerns about rising tensions in the oil-rich Middle East. The main US futures contract, West Texas Intermediate crude for delivery in June, closed at $96.16 a barrel on the New York Mercantile Exchange, up 55 cents from Friday's closing level. The European benchmark, Brent North Sea crude for June delivery, soare ... read more


ENERGY TECH
Even Clinton couldn't get Led Zep to Sandy show

Brother admits defeat in tragic Bangladesh search

New York's Sandy lesson: evacuate and get boats

Global networks must be redesigned

ENERGY TECH
Spatial Dual Offers Dual Antenna For GNSS/INS

Raytheon completes second launch exercise for next generation GPS satellites

Sagetech Delivers NextGen Technology for Satellite Constellation

Russia launches latest satellite in its global positioning system

ENERGY TECH
Gentle touch and the bionic eye

Printable 'bionic' ear melds electronics and biology

CNIO researchers 'capture' the replication of the human genome for the first time

For ancient Maya, a hodgepodge of cultural exchanges

ENERGY TECH
Sumatran orangutans' rainforest home faces new threat

Quantum-assisted Nano-imaging of Living Organism Is a First

Outrage over China tiger abuse

Vietnam, S.Africa target illegal rhino hunters

ENERGY TECH
Basic disinfectant could halt bird flu spread: study

Feuding antibodies blocked HIV vaccine

Fears for man-made bird flu bug

China reports 27th death from H7N9 bird flu

ENERGY TECH
New attention on old China poisoning case

China officials holding secret sauna parties: state media

Cancer victim with jailed family faces China land battle

China hands down death sentences in lending crackdown

ENERGY TECH
Report: Belgian army sold helicopters to firm linked to trafficking

US feds 'kidnapped' suspected druglord: Guinea-Bissau

US ships look to net big contraband catches in Pacific

US court convicts Somali pirates in navy ship attack

ENERGY TECH
China inflation accelerates in April: govt

Walker's World: Paris vs. Berlin, again

HSBC says Q1 net profit more than doubles to $6.35 bn

Mafia asset confiscation measure advances in European Parliament




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement