21 October 12 12:42–”Israel’s dependence on a single natural gas supplier in the coming years is a strategic threat to national security. A breakdown in gas deliveries from Tamar, due to political, technical, sabotage, or natural disaster in the coming years could cause a prolonged blackout, which the economy cannot withstand, warns Eco Energy Ltd. co-CEO Dr. Amit Mor, an advisor to the World Bank on energy issues, ahead of Energy and Business Conference next week. “The Israeli government must assume the responsibility and build gas transportation and handling infrastructures in the north to receive gas from the Leviathan and Tamar fields, without waiting for the drawing up of the liquefied natural gas (LNG) project, if it is ever built.”
Mor adds, “It is also strategically important to import LNG over time to ensure continuous gas supplies during an emergency. The solution of a floating buoy, located 10 kilometers offshore from Hadera, which will supply gas from LNG tankers offloading their cargoes offshore from Cyprus, is not enough. The government should publish a long-term BOT tender for the anchoring of a gasification tanker for 20 years. If necessary, the government could lease two tankers, one for gasification, which would be permanently anchored offshore from Hadera, and an LNG tanker to carry gas from the world’s markets.
“The non-recurring cost of securing gas supplies can be spread out over 20 years, weighed for one-third of the economy’s annual cost of gas consumption.”…Read More>>