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Mediterranean gas

  Growing energy rivalry in the region – a catalyst for development or geopolitical crisis?     The first gas exploration of American oil leader -Exxon Mobil in the Exclusive Economic Zone (EEZ) of Cyprus, officially announced on Friday (November 16th), has also set a new stage in the energy and political development of the Eastern Mediterranean region. Although far from real results – finding /or not/ of hydrocarbon deposits, the launch of the American company has already managed to restore the usual “hot spot” status of  the region, putting an end to the short quiet interval, when in February Turkish warships forced the platform of the Italian company Eni to leave the offshore zone of Cyprus.   Exxon Mobil explorations have already changed the dynamics of the geopolitical scene

This entry was posted in No category, Europe, The Region and tagged , , , , , by Branislava Bobanats.

About Branislava Bobanats

Branislava Bobanats is a longtime journalist, she has worked in the newspapers People's Youth (Narodna mladej), Standard, 168 hours, Banker. She is living and working in Cyprus already for 8 years, being a correspondent of the Bulgarian National Radio on the island. She writes about Cyprus's problems for a number of media in Bulgaria, including Economics journal, Investor.bg, 3e-news, Bloomberg TV Bulgaria, Capital, Dnevnik. She is a member of the Union of Bulgarian Journalists.