"In 2002, the PA approved BG’s proposals to construct a pipeline to a processing facility in Gaza. However, the Israeli state delayed this development, arguing that the pipeline should run to an Israeli-controlled port, and that Palestinians would have to supply Gaza Marine surplus fuel to Israel at far below market price.
When Hamas won the Palestinian legislative elections in Gaza in 2007, Israel established a militarized naval blockade, prohibiting further offshore development. Around the same time, Yam Thetis, an Israeli gas consortium, challenged the awarding of the contract to BG, further delaying the process.
In December 2008, in total contravention of international laws, Israel declared sovereignty over the Gaza Marine area, and BG closed its offices in Tel Aviv."
When Hamas won the Palestinian legislative elections in Gaza in 2007, Israel established a militarized naval blockade, prohibiting further offshore development. Around the same time, Yam Thetis, an Israeli gas consortium, challenged the awarding of the contract to BG, further delaying the process.
In December 2008, in total contravention of international laws, Israel declared sovereignty over the Gaza Marine area, and BG closed its offices in Tel Aviv."