TEL AVIV, February 21 (RIA Novosti) – The Israeli government has issued the first license to explore for oil on the Golan Heights, the plateau in south-western Syria captured and annexed by Israel, the license holder Genie Energy said on Thursday.
The license allows Genie Energy’s Israeli subsidiary to conduct oil exploration on an area of almost 400 sq km (155 square miles) in the plateau's southern portion.
“The company believes, based on its preliminary analysis and interpretation of existing geological data, that the newly-issued license area may contain significant quantities of conventional oil and gas in relatively tight formations, the development of which would entail significantly different technical approaches and project timelines than the other projects,” Genie Energy said in a statement.
Genie Energy intends to conduct exploration to further investigate the size and quality of the oil resources in the new license area, Genie said.
Israel seized the Golan Heights from Syria in the 1967 Middle East war and annexed it in 1981 in a move not recognized internationally. Most of the Syrian Arab inhabitants fled the area during the conflict.
Israel’s economic projects on disputed territories have frequently sparked criticism from the international community.
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- ChristianPiracy and theft18:56, 21/02/2013Golan Hights is a Syrian territory occupied by low israel, how can they steel its resources in the daylight. We must live in a horrible world, but I think the Syrians will give them some hard times. You don't know these Syrians they are made of steel and literally undefeatable. Syrians are too strong really
- ruypenalvaNo one word from USA19:06, 21/02/2013Compare the USA position in Kurile Islands X Golan Heights.
- xama226Russia must denounce this act07:15, 22/02/2013Genie's subsidiary is supported by three of the most odious characters:
Cheney ex director of Halliburton and one of the architects of the war in Iraq. More than a million people died there. Rothschild a freeloader in every jurisdiction where he has companies---he pays no taxes.
Finally Murdock the main MSM supporter of neocon policies.
These people have transgressed international law by trying to steal
If Russia is serious about International Law it must denounce this attempt.
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