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They only pump a thousand barrels or so a day, about 1% of the oil they use. Where does the rest of it come from?

2006-07-16 16:16:25 · 6 answers · asked by www.ayntk.blogspot.com 4 in News & Events Current Events

6 answers

Until recently, with a significant offshore natural gas discovery, Israel has had essentially no commercial fossil fuel resources of its own, and has been forced to depend almost exclusively on imports to meet its energy needs. Israel has attempted to diversify its supply sources and to utilize alternatives like solar and wind energy.
Traditionally, Israel has relied on expensive, long-term contracts with nations like Mexico( oil), Norway (oil), the United Kingdom (oil), Australia (coal), South Africa (coal), and Colombia (coal) for its energy supplies. Israel also has pursued other, cheaper sources of energy, like Egyptian gas, and hopes to expand natural gas significantly as a percentage of its energy mix in coming years.
Although the Israeli government in principle favours privatisation of state-owned companies, the energy sector remains largely nationalized and state-regulated, ostensibly for national security reasons. In fact, little progress on energy sector privatisation has been made since the late 1980s, when Paz Oil (the largest of three main oil-marketing companies in Israel) and Naphtha Israel Petroleum (an oil and gas exploration firm) were sold to private investors.

Meanwhile, other energy companies such as the Oil Refineries Company, which operates Israel's two refineries (at Haifa and Ashdod), and the Oil Products Pipeline Company, which operates Israel's oil pipelines, remain state-owned, with no definite plans to privatise them in the near future (although the current Israeli government appears to favour such privatisation, at least in principle). In early 1996, the Israel Electric Company's (IEC)'s monopoly was extended for another 10 years.
In February 2000, Israel and the United States signed an energy cooperation agreement. The agreement includes cooperation in the fields of gas, coal, solar power technology, and electric power generation. In addition, the two countries signed a letter of intent with Israel's Atomic Energy Commission to expand cooperation on nuclear non-proliferation and arms control issues. In May 2001, the Bush Administration announced that it would honour this agreement.

In addition, the U.S. has an agreement to provide Israel oil in case of a blockage by Arab nations.

2006-07-17 02:48:46 · answer #1 · answered by jerry806 4 · 4 0

I am not an expert on the matter. However, it makes a lot of sense to me that they would get a good portion of it from Russia. Russia has a lot of oil, and probably much of it has not been tapped. Many of the oil reserves roughly follow the chain of the Ural mountains. Also, Russia does not seem to be as openly hostile with Israel as are the OPEC countries in the Middle East. The United States, of course, seems to be running rather short in its own supply. It makes a lot of sense that Russia would be a major supplier to Israel. As well, Mexico and other parts of Latin America might be more willing to sell to the country.

2006-07-16 23:51:54 · answer #2 · answered by spanner 6 · 0 0

That's like asking where do Nauru get their oil from the don't pump any barrels a day.

2006-07-16 23:22:32 · answer #3 · answered by Anonymous · 0 0

Saudi Arabia.

2006-07-16 23:19:07 · answer #4 · answered by Anonymous · 0 0

largely imported from Russia and several of the former USSR states.

Isarel was making use of solar energy even in the 1950's ... rooftop collectors.

2006-07-16 23:25:08 · answer #5 · answered by Julia C 4 · 2 0

They rob from Palestine and Lebnon

2006-07-16 23:21:43 · answer #6 · answered by Anonymous · 3 4

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