360° Coverage : Israel mulls $853 mn budget to procure missile boats

3 Updates

Israel mulls $853 mn budget to procure missile boats

Dec 8 2013, 8:26pm CST | by IANS

Jerusalem, Dec 9 (IANS) Israeli defence ministry is seeking a special budget of $853 million to procure four missile boats for protecting the country's offshore natural gas fields, a media report said Sunday.

Jerusalem, Dec 9 — Israeli defence ministry is seeking a special budget of $853 million to procure four missile boats for protecting the country's offshore natural gas fields, a media report said...

Filed under: news

YouTube Videos

 
 
 

46 weeks ago

Israel mulls $853 mn budget to procure missile boats

Dec 8 2013, 8:26pm CST | by IANS

Jerusalem, Dec 9 (IANS) Israeli defence ministry is seeking a special budget of $853 million to procure four missile boats for protecting the country's offshore natural gas fields, a media report said Sunday.

Jerusalem, Dec 9 — Israeli defence ministry is seeking a special budget of $853 million to procure four missile boats for protecting the country's offshore natural gas fields, a media report said Sunday.

The report, which cited unnamed defence officials, the funds may be defined as a "special expenditure" excluded from the annual defence budget that earlier this year was slashed by more than $1 billion, Xinhua reported citing Ha'aretz daily.

The figure comes after German daily Bild Saturday reported that Berlin gave a go ahead to sell Israel two advanced gunboats armed with torpedoes in a 1 billion euros (about $1.37 billion) deal negotiated in recent months.

Israel's national security adviser Yossi Cohen was in Berlin last week to discuss the deal, a German government spokeswoman confirmed.

While the fields are owned and operated by private companies, Israeli Prime Minister Benjamin Netanyahu's security cabinet in 2011 tasked the navy with protecting the Tamar, Leviathan and Yam Tethys drilling rigs, as well as five smaller contiguous fields located some 370 km offshore, within Israel's exclusive economic zone.

The natural gas reservoirs, reportedly the largest discovered in the world in last decade, are slated to turn Israel into a major exporter and reduce its dependency on foreign energy sources.

The navy, however, has complained that it is severely underequipped for the mission, prompting Defence Minister Moshe Ya 'alon and military chief Benny Gantz to approve the navy's protection plan for the fields, considered a prime target for militant groups, mainly Lebanon's Hezbollah which has threatened to attack the platforms.

IANS

Source: IANS

 
Update
3

4 weeks ago

Clean Energy Conferences Roundup: October 2014

Oct 1 2014 9:20am CDT | Source: Environmental Defense Fund

By EDF BlogsEach month, the Energy Exchange rounds up a list of top clean energy conferences around the country. Our list includes conferences at which experts from the EDF Clean Energy Program will be speaking, plus additional events that we think our readers may benefit from marking on their calendars. Top clean energy conferences featuring EDF experts in October: Oct 2: 2014 Energy Competition Symposium, Columbus, OH Speaker: ...
Source: Environmental Defense Fund   Full article at: Environmental Defense Fund
 

 
Update
2

4 weeks ago

China Leapfrogs Ahead Into the Green Industrial Revolution

Sep 29 2014 3:35pm CDT | Source: Politics - The Huffington Post

The New Financial Approach China now leads Asia as it has combined its societal (environmental, health, climate and natural resources etc.) concerns with capitalism into "social capitalism." Economics can be a science only when it becomes qualitative as well as quantitative. For example, consider some conventional English economic terms that are now being pushed on the China government when the English qualitative meaning and purpose is solely for a ...
Source: Politics - The Huffington Post   Full article at: Politics - The Huffington Post
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Endangered vampire-like deer sighted in Afghanistan
Kabul, Nov 1 (IANS) Strange deer with vampire-like fangs have been spotted more than 60 years after the last confirmed sighting in the rugged forested slopes of northeast Afghanistan.
 
 
13 killed in Libya clashes
Tripoli, Nov 1 (IANS/EFE) At least 13 people were killed in violent clashes between Islamist militias and Libyan security forces in the struggle to control Benghazi city.
 
 
20 militants killed in Pakistan clash
Islamabad, Nov 1 (IANS) At least 20 militants and four security personnel were killed Saturday in a clash in Pakistan's federally administered Orakzai Agency, an official said.
 
 
IS poses grave threat to Pakistan, says MQM chief
Islamabad, Nov 1 (IANS) Pakistan's Muttahida Qaumi Movement (MQM) chief, Altaf Hussain, has said that the Islamic State (IS) is the new threat to Pakistan, media reported.
 
 
 

Latest from the Network

Insomnia triples risk of motor accident deaths
London, Nov 1 (IANS) Developing a healthy sleeping habit could be a life saviour as researchers have found that insomnia significantly increases risk of death caused by motor vehicle crashes and other unintentional...
Read more on Business Balla
 
Emma Watson, Judi Dench win Britannia awards
Los Angeles, Nov 1 (IANS) British actresses Emma Watson and Dame Judi Dench were two of the six honourees at the annual Britannia Awards. The annual ceremony was hosted by BAFTA (British Academy of Film and Television...
Read more on Celebrity Balla
 
All's still not good between Avril, Chad
Los Angeles, Nov 1 (IANS) Trouble continues to plague singers Avril Lavigne and Chad Kroeger's paradise even as the news of their split continues to do the rounds. After a little over a year of marriage, the duo is...
Read more on Celebrity Balla
 
Kutcher, Kunis researched parenthood
Los Angeles, Nov 1 (IANS) Ashton Kutcher and Mila Kunis equipped themselves well before becoming parents to daughter Wyatt Isabelle Kutcher. He says Google is like their "manual". They find the parenting experience "...
Read more on Celebrity Balla
 
Resveratrol could impede benefits of exercise
Toronto, Nov 1 (IANS) Contrary to popular belief, adding resveratrol (RSV) to your exercise routine may not enhance the effects of physical activity, said a study. Resveratrol occurs naturally in the skin of red...
Read more on Celebrity Balla
 
13 killed in Libya clashes
Tripoli, Nov 1 (IANS/EFE) At least 13 people were killed in violent clashes between Islamist militias and Libyan security forces in the struggle to control Benghazi city. Rtd Libyan general Khalifa Haftar Friday...
Read more on Politics Balla
 
Amanda Bynes released from psychiatric facility
Los Angeles, Nov 1 (IANS) Troubled actress Amanda Bynes has been released from a psychiatric facility here. Three days after a judge ruled that she needed to spend at least another month in the facility, Bynes asked...
Read more on Celebrity Balla
 
20 militants killed in Pakistan clash
Islamabad, Nov 1 (IANS) At least 20 militants and four security personnel were killed Saturday in a clash in Pakistan's federally administered Orakzai Agency, an official said. Three security personnel were also...
Read more on Politics Balla
 
Ben Affleck broke Jennifer Lopez's heart
Los Angeles, Nov 1 (IANS) Singer-actress Jennifer Lopez says Ben Affleck was the first man to break her heart and admits that she didn't give herself enough time to "heal". The 45-year-old, who got divorced twice...
Read more on Celebrity Balla
 
IS poses grave threat to Pakistan, says MQM chief
Islamabad, Nov 1 (IANS) Pakistan's Muttahida Qaumi Movement (MQM) chief, Altaf Hussain, has said that the Islamic State (IS) is the new threat to Pakistan, media reported. Addressing a press conference in Karachi via...
Read more on Politics Balla