<?xml version="1.0" encoding="UTF-8" standalone="yes"?><oembed><version><![CDATA[1.0]]></version><provider_name><![CDATA[Occupied Palestine | فلسطين]]></provider_name><provider_url><![CDATA[https://occupiedpalestine.wordpress.com]]></provider_url><author_name><![CDATA[occupiedpalestine]]></author_name><author_url><![CDATA[https://occupiedpalestine.wordpress.com/author/hajarhajar/]]></author_url><title><![CDATA[Israel to seek alternative natural gas off Gaza&nbsp;coast]]></title><type><![CDATA[link]]></type><html><![CDATA[<p>[ 13/06/2011 &#8211; 05:44 PM ] </p>
<p><img src="https://i1.wp.com/www.palestine-info.co.uk/En/DataFiles%5CCache%5CTempImgs%5C2011%5C1%5Cimages_News_2011_06_13_offshore-rig_300_0.jpg" alt="" /></p>
<p><span style="font-size:10pt;">NAZARETH, (PIC)&#8211; The Israeli ministry of infrastructure announced Monday its decision to begin works on a natural gas field off the coast of the Gaza Strip.</p>
<p>The move is an attempt to find a source alternative to gas imported from Egypt that was interrupted by a string of explosions during the revolution that swept the country.</p>
<p>The infrastructure ministry has instructed American company Noble Energy to begin developing a natural gas field called Noa North, near the Gaza Strip’s coast.</p>
<p>It asked the company to submit its plan of action before the middle of July.</p>
<p>Noa North is estimated to carry 1.2 billion cubic meters of natural gas.</p>
<p>The announcement comes as Israeli media sources say Israel faces a potential economic threat in the future in the backdrop of moves seeking Palestinian statehood with the United Nations.</p>
<p>The Tel Aviv stock exchange saw a 9.5 percent decline in contrast to the Bank of Israel’s optimistic expectations as the country’s economy grows and unemployment decreases.</p>
<p>It said that the Palestinians’ planning to unilaterally seek statehood from the UN General Assembly in September could spark a new uprising, which would in turn force labor unions, companies, and states to oppose Israel’s policies and impose sanctions on the government.</span></p>
<p><a href="http://www.palestine-info.co.uk/En/default.aspx?xyz=U6Qq7k%2bcOd87MDI46m9rUxJEpMO%2bi1s7clbHDpn2Zhvo%2ba4SYWeJ%2bVOt8j%2bFrydRRovvezQfwGABovKtsOTJ8XNEO0FjDg6q66mu5MMbIfyx9r5eN2mMTm3fdv6lUZ50Ig6XOd7S%2b3U%3d">Source</a></p>
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