MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
The race is on to exploit off-shore energy around Israel, Syria, Lebanon, and Cyprus -- and Moscow is crashing the party.
By Keith Johnson, ForeignPolicy.com, Dec. 27, 2013
n Christmas Day, Russian state-owned gas company Soyuzneftegaz inked a $90 million, 25-year deal with Damascus to start exploring for the first time some of Syria's offshore energy resources. On the surface, it represents another show of support from Russia for the beleaguered regime of Bashar al Assad. But the deal also fits into a larger pattern of Russian energy adventurism in one of the world's newest frontiers for oil and gas development. If the investments there work out as planned, they could help cement Russia's eroding hold over Europe's energy supply -- and help boost Moscow's standing as a global power on the rise.
At a time when the whole post-war architecture of the Eastern Mediterranean is crumbling, from the breakdown of Egypt's relations with Israel to tensions in the U.S.-Turkish relationship, Moscow seems to spy an opportunity to reassert itself in a region where it once loomed large, get a grip on a potentially big alternative to Russian energy, and make it easier to flex its military muscles.
- See more at: http://www.foreignpolicy.com/articles/2013/12/27/putin_s_mediterranean_m...On Christmas Day, Russian state-owned gas company Soyuzneftegaz inked a $90 million, 25-year deal with Damascus to start exploring for the first time some of Syria's offshore energy resources. On the surface, it represents another show of support from Russia for the beleaguered regime of Bashar al Assad. But the deal also fits into a larger pattern of Russian energy adventurism in one of the world's newest frontiers for oil and gas development. If the investments there work out as planned, they could help cement Russia's eroding hold over Europe's energy supply -- and help boost Moscow's standing as a global power on the rise.
At a time when the whole post-war architecture of the Eastern Mediterranean is crumbling, from the breakdown of Egypt's relations with Israel to tensions in the U.S.-Turkish relationship, Moscow seems to spy an opportunity to reassert itself in a region where it once loomed large, get a grip on a potentially big alternative to Russian energy, and make it easier to flex its military muscles [....]