• 3 minutes "Biden Is Running U.S. Energy Security Into The Ground" by Irina Slav
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 9 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 31 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 9 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 7 days Energy Armageddon
  • 21 hours "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 3 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 3 days "Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left" by Zero Hedge - 5 Stars *****
  • 21 hours Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 3 days "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 10 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 3 days The Federal Reserve and Money...Aspects which are not widely known
  • 4 days Goldman Betting on Cryptocurrencies
  • 7 days Сryptocurrency predictions
  • 12 days Putin and Xi Bet on the Global South
Editorial Dept

Editorial Dept

More Info

TURKEY-ISRAEL: Gas Pipeline Rumors Are Geopolitically Tectonic

Bottom Line: Israel and Turkey are flirting with the idea of building a gas pipeline from Israel’s Leviathan Basin directly to Turkey to supply European markets. For gas-starved Turkey, this is a geopolitical quagmire that involves Israel, Iran, Syria, Qatar, and Cyprus. Turkey is keeping silent on the deal, but our intelligence sources say it is seriously being considered, despite media reports to the contrary. 

Analysis: In early February, Israel proposed the construction of a pipeline under the Mediterranean Sea to southern Turkey to market its gas to Western Europe. Turkish officials have conceded that the Israeli proposal has been officially made, but have responded publicly by saying that “we have a policy regarding Israel, and the claims that Turkey leans towards this idea is not true”. Behind the scenes, Israeli officials and pipeline execs have already been to Turkey to discuss the possibility of this project, which would cost around $2 billion and would involve the Turkish pipeline builder, the Zorlu Group. Israeli officials involved included Undersecretary Harel Locker and executives from the Dalek energy corporation.

Such a pipeline would be brilliant for Israel, for Turkey and especially for Europe. For Europe it means an alternative gas supply to balance out the Russian dominance of the market. For the partners in the Leviathan field, piping gas to Turkey will be much more lucrative than the other options, particularly…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News