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Gas finds in east Mediterranean may change strategic balance

2013-05-13 13:23:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: For decades, it seemed that most countries of the Levant, east of the Mediterranean Sea, had little or no share of the Middle East's abundant energy resources. Israelis even had a joke about how Moses led his people through the desert for 40 years to reach the one place in the region with no oil. But in the past few years, there have been offshore discoveries of gas and possibly oil that look set to open up new economic possibilities. In future, they could also redefine strategic relationships....

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