Gas mania in the Med

http://www.equities.com, 06 Feb 2013 16:39

For millennia, the Mediterranean Sea has been the battleground of empires where epoch-making sea battles along its crenellated coast changed the course of history, where Islam and Christianity fought a ferocious war for supremacy. These days, the land-locked sea, for so long the front line between the Ottoman Empire and Europe, is the arena for a new kind of rivalry as global energy giants move in to exploit major gas strikes off Israel and Cyprus, with Lebanon maybe pitching in at some point.

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