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    Reuters: Israel gas finds launch navy into troubled waters

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Summary

Military officials say without large incease of naval capabilities, Israel may not be able to protect its untapped offshore natural gas finds

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Reuters: Israel gas finds launch navy into troubled waters

When Israeli economists contemplate their country's untapped natural gas finds far out in the Mediterranean, they dream of energy independence and lucrative export deals.

Those charged with Israel's defense, however, worry that the navy - small and long a middling priority in budgets - may be hard put to protect the multinational drilling platforms and rigs out at sea.

"We will do our best, but without a major boost to our capabilities, our best will not be enough," a senior military planner said in one of a series of Reuters interviews with Israeli decision-makers on the subject.  MORE