Gordon Smith (6 Jan 2011)
"'Leviathan' contains enormous amount of natural gas"


Deu 33:19  They shall call the people unto the mountain; there they
shall offer sacrifices of righteousness: for they shall suck of the
abundance of the seas, and of treasures hid in the sand.
 

'Leviathan' contains enormous amount of natural gas
Last Wednesday, results from electrical log tests of the offshore
Leviathan field northwest of the port of Haifa confirmed a natural gas
reserve containing 16 trillion feet of gas. This makes it, the largest
of its kind discovered in the world in the last decade, with the
potential to make Israel a natural gas exporting nation. The worth of
the finding is estimated to exceed $45 billion, and will further
strengthen the already booming Israeli economy which has increased its
gross domestic product with 4.5 percent from a year ago. Uzi Landau,
Minister of National Infrastructure called the discovery "the most
important piece of energy news since the founding of the state" and
added that the greatest earnings for the discovery would be felt by the
citizens of Israel.