The 2nd leaders' summit of the Gas Exporting Countries Forum (GECF) has taken place in Moscow. Experts say there is a candidate to enter the elite club of 13 members once the rich East Mediterranean deposits start to be developed. The vast sea bottom natural gas fields were discovered a few years ago. Israel is the leader in the development; it starts its activities without waiting for neither ultimate resolution of legal issues, nor settling the emerging disputes with neighbors... The Eastern Mediterranean «gas pie» is disputed by Cyprus, Lebanon, Syria, Egypt and Turkey, as well as Palestine striving for independence...
Dmitry MININ | 04.07.2013