Israel To Sign $4 Billion Deal to Buy PA Gas
Related report:
FM Livni’s Office: Israel Wants to Conclude $4 Billion Purchase of Gaza Gas ASAP
Commentary:
This blog wrote about the Consequences of lack of a thorough, thought-through military plan. The same holds true for foreign, economic and enegy policy, i.e. negotiating with and ceding parts of Divine sovereign Jewish land to an enemy who craves our destruction. This gas deal with the PA is obviously fuel blackmail waiting to happen — turning off the pump to force further concessions. But Olmert, Livni and the gang that couldn’t shoot straight, as with their predessessors, lack the ability to think two or three steps ahead. MB
Excerpts;
The government increasingly has been pursuing a policy led by Vice Prime Minister Shimon Peres that business deals with the PA will help bring peace, directly opposite to statements by former prime Ariel Sharon that Israel never would buy gas from the PA. BG vice president Nigel Shaw stated, “This is a chance for greater economic prosperity in Palestine and that is only good for peace.”
The deal would leave the PA with $1 billion in royalties in return for supplying Israel with 10 percent of its annual energy needs. The gas is to be transported to the port city of Ashkelon.
One sticking point that may delay the deal is Israel’s demand that revenues not go to the Hamas faction.