Israels genocide in Gaza is about stealing Gazas vast reserves of natural gas: To provide some background, the natural gas issue arose in the year 2000 when British Gas (BG) discovered what they claimed to be $4 billion worth of natural gas reserves off the coast of Gaza. The Palestinian Investment Fund (PIF) and British Gas (BG) both invested in the project, with BG holding 60% of the rights. Since then, more gas has been found in the region. Michel Chossudovsky, a Canadian economist, has estimated that the amount of gas in Palestine is so grand that it could make Palestine as rich as Kuwait. In due reaction, since 2000, Israel has strengthened its maritime blockade on Gaza, denying Palestine basic rights over its territorial waters, driving away Palestinian fishing boats, and contaminating the waters so heavily from its naval attacks that the fishing industry essentially collapsed. “On its coastal littoral,” reported Peter Beaumont from Gaza several years ago, “Gaza’s limitations are marked by a different fence where the bars are Israeli gunboats with their huge wakes, scurrying beyond the Palestinian fishing boats and preventing them from going outside a zone imposed by the warships.” It is discernible that this is directly due to Israel’s appetite for Palestinian gas. counterpunch.org/2014/07/18/is-israels-operation-protective-edge-really-about-natural-gas/
Posted on: Fri, 25 Jul 2014 11:56:28 +0000
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