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TCP : The International Monetary Fund (IMF) said Friday that Egypt’s major natural gas discovery has the potential to improve its energy position and will contribute broadly to its economy. On Sunday, Italy’s energy company Eni SpA announced it has discovered a “supergiant” natural gas field in the deep water of Egypt’s Mediterranean. Eni described […]
Posts Tagged ‘Mediterranean Sea’
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EU agrees to Mediterranean naval mission to stop migration flow amid controversy
May 19th, 2015 
David Schulberg Reuters/Alessandro Bianchi European Union foreign ministers have agreed to form a naval mission in the Mediterranean Sea targeting gangs smuggling refugees from Libya to Europe. The decision was made during a meeting in Brussels. The move will “disrupt the business model of smugglers and traffickers’ networks in Mediterranean,” according to EU foreign affairs chief, Federica […]
