Jerusalem Post, April 7, 2022
Israel is preparing to step into the gap in Europe’s energy market left by sanctions on Russian natural gas as soon as this summer, Energy Minister Karin Elharrar said on Thursday.
“The European energy market is facing a substantial shortage following the Russia crisis,”
Elharrar said.
“Israel sees an opportunity, and will take full advantage of it.”
Russia provides Europe with about 40% of its natural gas consumption per year, more than 150 billion cubic meters (BCM). Israel cannot totally take Russia’s place, but eastern Mediterranean states can provide about 20 BCM annually, most of which would come from Israel. The US promised Europe 15-20 BCM of liquefied natural gas (LNG) following the Russia sanctions, and Qatar is expected to export 20-30 BCM to Europe.
“We’re not a replacement for Russian gas, but we have a good amount that we can export,”
a senior diplomatic source said this week, commenting that the energy issue comes up as “a huge issue for everyone” in most conversations.
WWW Comment
There are TWO things that bring Russia down into Israel. There is a PUSH from the king of south – we are seeing this happening in Ukraine. But there is also a PULL. Ezekiel 38 says that God will put hooks in the jaws of Gog (Putin) and PULL him down into Israel to take a spoil. It is both the PUSH and the PULL that cause Russia to descend. But how does the PULL work? The pull (the hooks in the jaws) is to come and take a spoil. Israel has newly found vast gas supplies. The EU is looking to these supplies to replace Russian gas. An Israeli gas pipeline to southern EU is already in scope. So Israel could replace some of the energy that Putin once supplied to the EU. This causes Putin to come down to Israel and take a spoil. To control gas to the EU.
Thus says the Lord God: “Behold, I am against you, O Gog, the prince of Rosh, Meshech, and Tubal. I will turn you around, put hooks into your jaws, and lead you out, with all your army, horses, and horsemen, all splendidly clothed, a great company with bucklers and shields, all of them handling swords. (Ezekiel 38:3-4)
Andy Walton
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