[lbo-talk] Israel, Palestine, and Egypt

Michael Pollak mpollak at panix.com
Fri Feb 4 19:10:32 PST 2011


On Sat, 5 Feb 2011, 123hop at comcast.net wrote:


> All of a sudden Israel in interested in helping the Palestinians:
>
> For example:
>
> "Significantly, Israel has agreed to begin discussions on the
> development of a Palestinian Authority gas field adjacent to an Israeli
> gas field off the coast of Gaza, which need to be developed
> simultaneously. Future revenues from the Palestinian field will go to
> the authority, Mr. Netanyahu said.

I think this is about the gas. They want to talk about co-development because suddenly Israel might need it. Up until now, Israel has been getting cut rate natural gas from Egypt through a dodgy deal:

http://www.counterpunch.org/alamin02012011.html

February 1, 2011

People Power in Action The Making of Egypt's Revolution

By ESAM AL-AMIN

<snip>

Salem [one of Mubarak's two sons] was the head of a private energy

company that teamed up with an

Israeli conglomerate to secure a long-term contract to sell natural gas

to Israel. In June 2008 Les Afriques reported that Egypt was

subsidizing Israel with hundreds of millions of dollars every year in

energy purchase. By January 2010, the Israeli newspaper Haaretz exposed

the secret and reported that Israel was in fact receiving natural gas

from Egypt at a 70 per cent discount. The scandal was swept aside by

the former Egyptian prime minister who refused to divulge to the

parliament the terms of the contract. Subsequently when the government

was sued, a judge ruled against it and invalidated the contract, which

the government totally ignored.

<end excerpt>

Michael



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