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Global energy companies set their sights on the Mediterranean

Posted on 03 September 2012

Global energy companies are beginning to focus on southern Europe’s tourist traps. The balmy Mediterranean has long attracted tourists seeking sun, sea and golden sands. But now, from Cyprus in the east to Spain in the west, the Med is seeing a new influx of visitors in search of far more elusive commodities: oil and gas.
As exploration companies target new and under-explored territories, eurozone governments are eyeing potential riches to boost their ailing economies………………………………………..Full Article: Source


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