Turkey, Egypt to Drill for Natural Gas in the Mediterranean, Threatening Israel’s Energy Dreams
OilPrice.com (September 19th, 2011) Writes:
Please find today’s article for publication from Oilprice.com below. It’s an interesting look at Egypt and Turkey’s plans to begin prospecting for oil and gas reserves in the Mediterranean.
What a difference fifteen months makes.
In May 2010 Israel’s cold peace with Egypt was viable, the country was celebrating massive Mediterranean natural gas finds and Tel Aviv enjoyed a military alliance with Turkey, an overwhelmingly Muslim nation.
Two events have changed that picture beyond all recognition – Israel’s 31 May 2010 attack on the peaceful Gaza-bound “Freedom flotilla,” during which Israeli Shayetet 13 Naval Special Forces commandos killed eight Turkish citizens and an American, Furkan Dogan. Outraged by the assault, Turkish Prime Minister Recep Tayyip Erdogan demanded an apology and compensation for the unprovoked attack.
He’s still waiting.
The second regional game changer has been the startling events of the “Arab Spring,” which following unprecedented massive public demonstrations, on 11 February led to the resignation …










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