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Building blocks for the development of energy sector based on intensive use of natural gas are: redundancy and diversification of energy sources and infrastructure. These two building blocks are axiomatic natural gas based economy, and a foundation for success in the transition economy economy based on intensive use of natural cn22 gas.
The current situation in Israel regarding these building blocks cn22 - very bad. Why? DOE projections expect tremendous growth in domestic demand for natural gas. According to these projections (baseline scenario), the State of Israel is expected cn22 to consume about 13BCM year and already in 2020 - 20 BCM per year in 2030. To understand how aggressive growth of demand, I will note that in 2009 the demand for natural gas in Israel was about 4.5 BCM only. In 2010, natural gas accounted for about 35% of the energy sources for electricity generation in Israel. According to DOE projections will natural gas in 2020 close to 70% of the energy sources for electricity generation in Israel on average, but in times of peak demand (in 2020), made of Natural gas to be higher than - 80%.
Accordance with this demand picture must ask where we are in terms of establishing a gas pipeline? From the "Tamar" located west of Haifa stretched two pipes within about 150 kilometers to set up rig off the coast of Ashkelon and from there to the absorption Ashdod. Insertion point of the maritime buoy is opposite the power station in Hadera cn22 (float allows streaming of gas from the ship clippers directly to the transmission system national). According to DOE projections, already in 2015 will be the country's gas consumption is higher than 7 - BCM, and then we are expected to be almost entirely dependent on a single receiving facility.
We should mention here the faulty development of the natural cn22 gas sector to date. Bypass flow of gas to the south, instead of directly to the north of the country resulted cn22 from strong opposition from residents of the North which prevented the establishment of another entry point in Dor Beach. This is a simple and essential issue for the residents of the north, but it can be solved. Cumbersome conduct of state in this year caused the postponement of the project. Fate and in addition to this rejection, landed on energy from an unexpected blow - cease importing gas from Egypt. Combination of these two factors resulted cn22 in too rapid exploitation of gas reserves in Yam Tethys ". As a result of the rapid pumping of gas in Yam Tethys "hit the reservoir so that the amount of gas that can be produced cn22 from it, has been reduced.
In fact at this point, because there is no infrastructure and no decentralization decentralization of natural gas resources, energy sector operates "on the edge". Suppose this summer would be damaging gas supply transducer. Reasons can be many - to natural disasters, cn22 security events or even just operating failure. What is likely to happen then? The answer is simple - pressure gas transmission pipeline in Israel would be able to support about two hours in power plants, and what will happen then? Power plants that use natural gas will begin to fall from the north to the south. Within two hours of the crash could start power system in Israel. Of course there is a transition drill on alternative fuels, but the simulations conducted indicate that the actual power will not succeed in preventing the collapse of the power plants.
Following the given situation, the question arises how to escape the extreme situation where we are? The key point is the development of a "whale". Whatever the issue of gas exports, it is recommended to ascertain whether development of the reservoir can release the snare which is currently in the gas sector? Development cn22 of Stock "Whale" and the establishment of a northern entrance will allow the domestic economy to double (at least) the significant entry points to the Israeli economy, and beyond "release" the total economic dependence on one database. Also, additional capacity of gas supply would solve a significant problem further - Problem customers small and medium: Currently almost all the gas that can provide pool "Tamar" pre-sold clients are very large (electricity company, ICL, ORL, etc.), when customers small and medium (factories , bakeries, hotels, etc.) are not able to purchase gas. This is a very big problem because it hinders the development of distribution infrastructure for these customers.
Stock "Whale" a single repository is a huge reservoir. To develop the database for local consumption, required an investment of $ 4.5 billion. Over the next decade, there is actually no economic justification reservoir development for local consumption, as most market has been "taken" by Tamar. I mean, the economy quantitatively (without considering issues of redundancy and decentralization of infrastructure) does not need buffer "Leviathan." Therefore, the ability cn22 to develop the database for local consumption is weak, why? Because you should develop the reservoir needs to raise money, but no financing body will not give the money without seeing how the owners of the reservoir will be able to return it. Therefore, the need to find additional markets for the sale of gas and hence comes the solution in the form of gas exports.
Without going into a full description of the global gas market, we note some relevant data: the last two - three years, there is a window of opportunity to close the gas export contracts which will with near certainty the development Aofrtziit export. cn22 This is the most complex operations imaginable business world. Project cost of gas exports could amount - $ 10 billion. To raise the money needed to purchase the signing of gas contracts.
Most global trade of liquefied natural gas, is done through long-term contracts (20-25 years), which is often the key buyer dedicated facilities for gas (pipelines, gasification facilities to the establishment of a dedicated power plants). It is important to note that the time required for projects of this size is long (5-7 years), and money required cn22 from both parties (buyer and seller) is huge. So the most important thing for all parties is uncertain.
What is the window of opportunity? Current account gas sector
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