(Bloomberg) Calev Ben-David - Israeli foreign policy, dominated by conflict with its neighbors,may be entering a new era as the country turns into a natural-gas producer. "This a new age for Israel," said David Wurmser,director of Washington-based Delphi Global Analysis Group. "While the quantities are still modest in global terms,Israel could strategically leverage marginal amounts of gas for major impact if it utilizes them correctly." "The gas could be a geopolitical game changer for Israel, if it makes the right decision," Gal Luft, senior adviser to the United States Energy Security Council in Washington, said on a visit to Israel last week. "That decision is whether it tries to become a minor player in the global liquefied natural gas market, or a big fish in a smaller pond by exporting to regional isolated markets."
2013-06-13 00:00:00Full ArticleBACK Visit the Daily Alert Archive