To: Secretary of State, Hilary Clinton

To: Secretary of State, Hilary Clinton Re: Goliath Gas Field Development The Situation Last month, a joint U.S.-Israeli venture discovered a large deep sea natural gas field approximately 100 miles off the Israeli/Lebanese coast. Dubbed “Goliath,” it is estimated to contain 31 trillion cubic feet (TcF) of natural gas and 850 million barrels of oil – enough to secure Israel’s energy future and upend the geopolitics of energy in the Eastern Mediterranean. The challenge, however, is that a portion of the Goliath field falls into waters disputed between Israel and Lebanon and may also extend into Cypriot waters – bringing the Turkish Republic of Northern Cyprus (TRNC) and Turkey into the picture. Each of these four parties – Israel, Lebanon, Cyprus, and Turkey – has requested U.S. assistance with the situation. It should also be noted that an American oil and gas company, Noble Energy, discovered Goliath under contract by Israel and has commercial assets and personnel in the region. Reaching an arrangement that meets core interests of key stakeholders, including the United States, will be critical to accessing the gas and oil in Goliath, and to reaching long-term accommodation between the parties. Read more click here