If anything positive is to come from rumored Saudi-Qatari reconciliation, I would love it to be a fast-track project to set up a rig on Lebanon's shore to get this gas out before the Israelis suck it all up. After all the Gulf states have a stake in Lebanon and the money and expertise to pull it off.
Trouble is brewing in the waters off the coast of Lebanon and Israel about the future of one of the largest discoveries of natural gas in the eastern Mediterranean.
A field known as Leviathan might contain 16 trillion cubic feet of gas – enough to serve Israel’s domestic needs and make the country a substantial exporter.
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