Financial, Israel, News, Prophecy, US/World

Natural Gas Find Off the Coast of Israel

God in a Nutshell

Ezekiel 38:12 to capture spoil and to seize plunder, to turn your hand against the waste places which are now inhabited, and against the people who are gathered from the nations, who have acquired cattle and goods, who live at the center of the world.

to capture spoil and to seize plunder… Here are the intentions of Gog, the leader of Magog (Russia). The Russians, along with the Turks and Iranians are planning to invade and attempt to steal natural resources from Israel. This is what Ezekiel is saying from roughly 2,600 years ago.

For more linking Magog to modern day Russia, see the link below. 

https://godinanutshell.com/2017/08/04/ezekiel-38-who-is-magog/

November 2019: The British and Greek energy company Energean has made a significant oil and natural gas find off of the coast of Israel. 25 billion cubic meters (bcm) of natural gas and 34 million barrels of light oil has been confirmed.

These amounts will be in addition to the initial discoveries of 68 bcm of natural gas and 33 million barrels of light oil.

“This is an excellent result from the Karish North appraisal sidetrack, confirming in place volumes in the top half of pre-drill estimates and increasing our recoverable volumes in Israel by 0.9 Tcf (25 BCM) of gas plus 34 million barrels of light oil or condensate. Today’s news delivers upon another commitment that we had made to our shareholders and the successful results allow us to continue our gas marketing efforts in the region with a goal to fully utilize the capacity of our 8 BCMA FPSO. Our focus now remains on closing the Edison E&P acquisition, in parallel with progressing Karish development. ” -Mathios Rigas, Chief Executive, Energean

For a complete look at the Energean appraisal, click on the link below. 

https://www.energean.com/media/3527/20191104-successful-karish-north-appraisal.pdf

Energean@Energean
 

Mathios Rigas, CEO of Energean, commented that the success in the Karish North Appraisal allows the Company to “continue gas marketing efforts in the region with a goal to fully utilise the capacity of our 8 BCMA FPSO”.

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These finds are in addition to two tremendous areas of natural gas. The Leviathan oil and gas basin in the Mediterranean Sea is believed to hold 1.7 billion barrels of oil. The basin also holds an estimated 122 trillion cubic feet of natural gas (Noble Energy, U.S. Geological Survey). A second oil and natural gas basin is the Tamar. It is estimated to hold 7.9 trillion cubic feet of natural gas (Noble Energy).

Israel is looking to export their natural resources to western Europe. These exports will cut into the bottom lines of Russia and Turkey. More bait for a future invasion of Israel. At some point in the future, Russia and its allies will invade Israel for their “great spoil”. They have economic motivation and reason to invade.

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