Palestinians Seek to Drill for Oil in West Bank
JERUSALEM (AP) — The Palestinian Authority on Tuesday announced plans to explore for oil in the West Bank, throwing a new element of uncertainty and confusion into troubled U.S.-backed peace efforts.
The Palestinians proclaimed the project, close to a small oil field in Israel, a key step toward their dream of developing the local economy and gaining independence in the West Bank. But Israel, which wields overall control of the area, gave no indication it has agreed to the plan, and far less ambitious attempts at economic development have repeatedly sputtered in large part because of Israeli restrictions.
Mohammed Mustafa, the Palestinians' deputy prime minister for economic affairs, said the Palestinians were seeking proposals from international firms to explore and develop oil in the northern West Bank.
He said the project was among a series of initiatives drawn up by Mideast envoy Tony Blair to help develop the Palestinian economy. "The Palestinian people have the right to use their resources," he told The Associated Press.
Blair has proposed a multiyear plan for developing the Palestinian economy — an effort that is meant to complement and bolster U.S.-led peace talks. But the former British prime minister has made little headway in carrying out the projects, which focus on eight areas of the economy, including agriculture, construction, tourism and energy.
Progress has been hindered because many of the projects are to take place in the 60 percent of the West Bank that was left under full Israeli control under interim peace deals two decades ago. The Palestinians say they cannot establish a viable state without being allowed to develop this area and say Israel routinely stifles attempts to do so.
According to a map released by the Palestinians, the exploration area covers more than 400 square kilometers (155 square miles) in a strip of land along the frontier with Israel. Most, if not all, of this land, remains under full Israeli control.
View Full Article
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.