Middle East Times
Friday 8th March, 2013
A new deal by Russia’s Gazprom energy giant to market Israeli liquefied natural gas puts Moscow firmly in the burgeoning and contentious east Mediterranean energy sector, and shows that it’s again emerging as a player in the strategic region. The 20-year LNG contract between Gazprom subsidiary Gazprom Marketing and Trading Switzerland and Levant LNG Marketing Corp. also provides a major boost for Russia’s drive to rebuild its Cold War influence in the Middle East that collapsed with the demise of the Soviet Union. The deal, signed Feb. 26, is a direct consequence of a ground-breaking visit t…
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