Huge Natural Gas Find off Israel Coast | 5th Mar 2010

March 4, 2010 by  
Filed under Prayer Bulletin

Israel’s discovery of the Tamar natural gas field in the Mediterranean is now valued at US $8 billion, nearly double previous estimates of local analysts. “The state of Israel will make over $5 billion in royalties and corporate taxes from the production of the gas at Tamar field alone,” said Gal Reiter, an energy industry analyst at Clal Finance & Brokerage.
Natural gas will be flowing into Israel by 2012, officials said. Analysts say the natural gas field will have a huge impact on the economy of Israel and is expected to make the Jewish state more energy independent. Israel’s National Infrastructure Ministry (NIM) announced it is considering adapting the country’s bus fleet as well as cars to run on natural gas.
As infrastructure is built for bringing natural gas onshore, local economies are also expected to benefit from the billions that will be spent on a 311-mile distribution network, officials said. In December, Noble Energy Inc., the company that discovered the field, announced that it had signed a Letter of Intent to sell natural gas from the Tamar field to Dalia Power Energies. Dalia, a private electricity company, has a license to build a natural gas fired power plant in Israel with operations planned to commence in 2013.

Source: Worthy News; Yalibnan.com; Revival Media

BIBLE STUDY: Zechariah 13:1-6

PRAISE: God that the people of Israel will be less dependent on erratic oil prices and supplies. Pray for seeds of peace in the area.

link: http://revivalmedia.org/2010/03/04/huge-natural-gas-find-off-israel-coast-5th-mar-2010/

Huge Natural Gas Find off Israel Coast | 5th Feb 2010

February 5, 2010 by  
Filed under Prayer Bulletin

Israel’s discovery of the Tamar natural gas field in the Mediterranean is now valued at US $8 billion, nearly double previous estimates of local analysts. “The state of Israel will make over $5 billion in royalties and corporate taxes from the production of the gas at Tamar field alone,” said Gal Reiter, an energy industry analyst at Clal Finance & Brokerage.
Natural gas will be flowing into Israel by 2012, officials said. Analysts say the natural gas field will have a huge impact on the economy of Israel and is expected to make the Jewish state more energy independent. Israel’s National Infrastructure Ministry (NIM) announced it is considering adapting the country’s bus fleet as well as cars to run on natural gas.
As infrastructure is built for bringing natural gas onshore, local economies are also expected to benefit from the billions that will be spent on a 311-mile distribution network, officials said. In December, Noble Energy Inc., the company that discovered the field, announced that it had signed a Letter of Intent to sell natural gas from the Tamar field to Dalia Power Energies. Dalia, a private electricity company, has a license to build a natural gas fired power plant in Israel with operations planned to commence in 2013.

Source: Worthy News; Yalibnan.com; Revival Media

BIBLE STUDY: Zechariah 13:1-6

PRAISE: God that the people of Israel will be less dependent on erratic oil prices and supplies. Pray for seeds of peace in the area.

Gas price hike spells more trouble for Brown, Sikh schoolgirl wins bangle fight, and is homosexuality in the church "irrelevant?"

July 27, 2008 by  
Filed under Jon Hargreaves, Weekly News Review

August 3rd, 2008

Weekly News Review from a Christian Viewpoint.

Patrick Woodward talks with Jon Hargreaves, International Director of Feba Radio,  about the latest news from a Christian perspective. Today, the latest rise in energy prices adds to the woes of Prime Minister Gordon Brown, and could lead to his fall.  The Sikh schoolgirl’s court victory over her right to wear a religious bangle prompts questions over what people really believe, and the contrast with helping orphans in India makes the Church of England’s debate on gay bishops seem irrelevant to the world.

Story Links:

Energy Prices and Gordon Brown:

bbc.co.uk Miliband denies ‘leadership’ bid

forbes.com Centrica announces retail energy price rises

Watchdog energywatch

Wikipedia.org “It’s the economy, stupid”

Sikh Schoolgirl bangle victory:Sikh kara

guardian.co.uk Sikh girl wins her court battle…

wikipedia.org  kara

Is Church sex debate irrelevant?:

Lambeth Conference official site

independent.co.uk Gay bishop defies his Lambeth Conference ban