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Tuesday, March 13, 2012

Energy Production Revolution Begins in Mideast

Scenes of carnage and upheaval have been playing out for so many decades in the Middle East – car bombings, terrorist attacks, wars, intifadas, and the slightly more optimistic images associated with the Arab Spring – that they are by now well familiar.

But there is another revolution in the Mideast, presently underway, that is not being televised. It centers on the all-important area of energy production, and it might be called, "the Battle for Leviathan."

At issue is the recent discovery of huge untapped natural gas fields in the Levant Basin, the section of the eastern Mediterranean Sea that abuts Israel to the East, and Cyprus to the North

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