Reuters and local media report that Israel, Greece and Cyprus will explore the possibility of building a natural gas pipeline to Europe, tapping huge gas reserves discovered in the eastern Mediterranean in recent years, as this has been discussed last week with a summit of the Israeli, Greek and Cypriot leaders in Nicosia (Cyprus).
Continue reading What are the possibilities of Israel, Greece and Cyprus to exploit a new gas pipeline route to Europe?
Category Archives: Oil and Gas Middle East - Energy Issues
Are we heading to an “oil war” within Opec?
Who would have been able to predict one year ago that crude oil’s price, which had already plummeted between January, 2014 and January, 2015 from 110 to 50 dollars, will continue its going down and dip under the 30$ mark? Goldman Sachs maybe?
Continue reading Are we heading to an “oil war” within Opec?
