Thursday, December 18, 2014

NYT: gas and middle-east peace

The New York Times reported [] on how the special structure put around the exploitation of the gas field in the Israeli part of the Mediterranean may help create economic linkages that ultimately could help in fostering peace with its neighbours.

Natural gas is both a geopolitical tool and a target in Israel, where a newfound bonanza of resources has the potential to improve ties with energy-hungry Egypt, Jordan and even the Palestinian Authority.
But the linchpin of this diplomatic push is not an Israeli official, a Middle Eastern king or an American ambassador. It is an oil company in Texas.

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