EUROPEAN POWER PLAYERS COME TOGETHER TO DISCUSS MEDITERRANEAN ENERGY MARKET HOLY GRAIL
April 1st, 2013
THE ARAB Spring may have increased short-term doubts about the political stability of Europe’s southern and eastern Mediterranean neighbours, but the long-term case for energy cooperation between these regions is surely unarguable.Europe needs more energy than it can generate, and it has (for the time being at least) money to buy energy from north Africa and the Levant. And it wants to, avoiding over-reliance on Russian gas and Gulf state oil.Meanwhile, Mediterranean Arab states need to develop economically to bring opportunity to their growing young ...
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