Insight: Israel Gas Finds Launch Navy Into Troubled Waters -- Reuters
(Reuters) - When Israeli economists contemplate their country's untapped natural gas finds far out in the Mediterranean, they dream of energy independence and lucrative export deals.
Those charged with Israel's defense, however, worry that the navy - small and long a middling priority in budgets - may be hard put to protect the multinational drilling platforms and rigs out at sea.
"We will do our best, but without a major boost to our capabilities, our best will not be enough," a senior military planner said in one of a series of Reuters interviews with Israeli decision-makers on the subject.
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My Comment: If sizable oil and gas deposits are found .... we are talking not only talking about hundreds of billions of dollars .... but also energy independence for Israel. For such a possibility .... however remote .... I predict that Israel will lay the groundwork to build up it's navy.
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