“Wiping Gaza Off The Map”: Big Money Agenda. Confiscating Palestine’s Maritime Natural Gas Reserves

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Esha Saxena Mandala
Esha Saxena Mandalahttps://kigalidailynews.com
Esha Saxena Mandala has extensive experience as a freelance writer, journalist, and content strategist. She has over six years of editorial and inbound marketing expertise and is fascinated with creating wonderful content that is insanely useful and effective.

That’s the title of an article published by Felicity Arbuthnot and Michel Chossudovsky on globalresearch.ca (read full version and watch the video interview with Michel Chossudovsky here). Here are the key points the authors make:

Israel has launched an invasion (October 7, 2023) of the Gaza Strip. As outlined by Felicity Arbuthnot with foresight 10 years ago in a December, 30 2013 article: “Israel is set to become a major exporter of gas and some oil, “If All Goes to Plan”. The ultimate objective is not only to exclude Palestinians from their homeland, it consists in confiscating the multi-billion dollar Gaza offshore Natural Gas reserves, namely those pertaining to the BG (BG Group) in 1999, as well the Levant discoveries of 2013.

An official “secret” memorandum authored by Israel’s Ministry of Intelligence “is recommending the forcible and permanent transfer of the Gaza Strip’s 2.2 million Palestinian residents to Egypt’s Sinai Peninsula”. There are indications of Israel-Egypt negotiations as well as consultations with the U.S. The timeline resulting from those is “the beginning of 2024”.

The Israeli government is responsible not only for crimes against humanity beyond description against the People of Palestine, but also for crimes committed against the People of Israel who are the victims of the Hamas “False Flag Attack” carefully engineered by Mossad-IDF. Netanyahu was on Record for Supporting and Financing a faction within Hamas: “Anyone who wants to thwart the establishment of a Palestinian state has to support bolstering Hamas and transferring money to Hamas … This is part of our strategy – to isolate the Palestinians in Gaza from the Palestinians in the West Bank.” The authors also quote the United Nations Assessment on the issue. An important United Nations Conference on Trade and Development (UNCTAD) (2019) report describes Palestine’s predicament as follows:

Geologists and natural resources economists have confirmed that the Occupied Palestinian Territory lies above sizeable reservoirs of oil and natural gas wealth, in Area C of the occupied West Bank and the Mediterranean coast off the Gaza Strip. However, occupation continues to prevent Palestinians from developing their energy fields so as to exploit and benefit from such assets. As such, the Palestinian people have been denied the benefits of using this natural resource to finance socioeconomic development and meet their need for energy.

The accumulated losses are estimated in the billions of dollars. The longer Israel prevents Palestinians from exploiting their own oil and natural gas reserves, the greater the opportunity costs and the greater the total costs of the occupation borne by Palestinians become.

This study identifies and assesses existing and potential Palestinian oil and natural gas reserves that could be exploited for the benefit of the Palestinian people, which Israel is either preventing them from exploiting or is exploiting without due regard for international law.

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