At the beginning of December, Israel was busy trying to convince Brussels to underwrite the creation of a vast network of pipelines to bring new…

Source: foreignpolicy.com

"Earlier this week, in a surprise move, Israeli antitrust authorities essentially slammed the brakes on the country’s gas development, expressing concern that the handful of companies that are investing billions of dollars in offshore rigs and pipelines to tap the tricky gas fields are just too few. That creates, they say, the specter of a commercial cartel that would have a permanent stranglehold on Israel’s energy future."

See on Scoop.it – Oil and Gas Development in Lebanon and East Mediterranean