This is an interesting article from Natural Gas Europe. Check it out!
Being resident in Cyprus, I am keenly interested in how Cyprus is going to leverage her offshore gas and oil reserves. With offshore gas fields adjacent to those of Israel, latest thinking is for a pipeline to Europe linking Greece and Israel via Cyprus.
With Southern Europe savaged by excessive austerity, there is an excellent opportunity for the European Commission to step in and facilitate investment in the infrastructure.
Sadly, as highlighted many times on this blog, the European Commission is pre-occupied with green issues and compliance, rather than leading an effective energy strategy.