Showing posts with label Mediterranean Sea. Show all posts
Showing posts with label Mediterranean Sea. Show all posts

Thursday, October 29, 2015

A Gas Discovery in Egypt Threatens to Upend Mideast Energy Diplomacy



Photo
 
Eni's Damietta liquefied natural gas plant in Egypt. Credit Eni 
 
The Italian energy company Eni knew it was taking a big risk this summer when it spent $60 million on an exploratory rig and began drilling more than 100 miles off the coast of Egypt.

Eni’s gamble worked. The company, using drilling rights from the Egyptian government, found what it called a “supergiant” natural gas field. It may be the largest discovery yet in the Mediterranean and is one of the world’s biggest new gas finds in years.

Eni will need to drill more wells to prove its claim that the field, which it calls Zohr, holds up to 30 trillion cubic feet of gas. That could be worth about $100 billion, even when taking into account current low energy prices. But the promise of Zohr — the Arabic word for noon — is already brightening the prospects of the Egyptian economy, which has been benighted by an energy shortage and years of political turmoil.

 
As with so many things in the Middle East, however, the discovery of the gas field has geopolitical repercussions. And it has thrust Eni’s chief executive, Claudio Descalzi, into the role of shuttle diplomat.




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Sunday, January 19, 2014

China and Russia may hold joint naval drill in the Mediterranean

Published time: January 19, 2014 03:09

Image from mod.gov.cn / Li Xiao and Hu Quanfu
Image from mod.gov.cn / Li Xiao and Hu Quanfu
Russia and China have agreed to conduct a joint naval drill in the Mediterranean Sea, a Russian media report cites the Defense Ministry. The countries’ fleets are currently involved in an intl operation to escort the Syrian chemical weapons stockpile.
The Defense Ministry said on Sunday that group of Russian naval officers deployed onboard a heavy nuclear missile cruiser "Peter the Great" visited Chinese frigate Yancheng.

“On board the Chinese patrol ship, Russian sailors discussed with their foreign counterparts the possibility of joint tactical exercises in the Mediterranean Sea. Under the agreement, such exercises can be carried out in the near future in an effort to improve the level of operational compatibility between Russian and Chinese warships during joint operations in the eastern Mediterranean,”
the statement from the Ministry of Defense said.

The main aim of the joint naval exercise would be to increase the level of operational cooperation between the two navies designed to tackle terrorist threats and improve joint rescue operations at sea, the Ministry explained.

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Friday, September 13, 2013

Russia’s Moskva missile cruiser, dubbed a “carrier-killer” by NATO, has passed through the Straits of Gibraltar and is now heading toward the eastern Mediterranean


Russia’s ‘carrier-killer’ Moskva enters Mediterranean

Published time: September 11, 2013 15:18
Edited time: September 12, 2013 11:14

Missile cruiser "Moskva" (RIA Novosti/Vitaliy Ankov)
Missile cruiser "Moskva" (RIA Novosti/Vitaliy Ankov)
Russia’s Moskva missile cruiser, dubbed a “carrier-killer” by NATO, has passed through the Straits of Gibraltar and is now heading toward the eastern Mediterranean to assume command of the Russian naval force there.
The Russian Navy said in a statement that the Moskva cruiser passed through the Straits of Gibraltar on September 10.
Interfax news agency added that the Moskva cruiser, “commanded by Sergey Tronev, Captain 1st Rank of the Guards… has enough room for maneuver now.”
“The Black Sea flagship entered the Russian Navy's area of responsibility in the Mediterranean at 11:00 pm Moscow time yesterday," the agency reported a military source as saying.
The missile-carrying cruiser is expected to join its final destination in eastern Mediterranean on September 15 or 16.
Upon arrival, the command of the Russian Navy unit in the Mediterranean, currently stationed onboard the Admiral Panteleyev anti-submarine ship, will be relocated to the Moskva.
"The armaments and technical equipment of the missile cruiser are in working condition. The crew is ready to perform combat missions,” the source said.
Missile cruiser "Moskva" belonging to Russia's Black Sea Fleet firing anti-aircraft missiles during joint drills with other fleets. (RIA Novosti/Vitaliy Ankov)
The missile cruiser, initially known to Western naval intelligence as “Slava” (Glory), was launched in 1979 and entered service in 1983. It was later renamed the “Moskva” in 1995. Designed to be carrier-killers, the cruisers of Class 1164 are equipped with 16 anti-ship launchers P-1000 Vulkan, or Volcano (SS-N-12 Sandbox anti-ship missiles, according to NATO classification).
Another two vessels, the landing ship Nikolay Filchenkov and the guard ship Smetlivy, will join the Russian naval unit later. They will be pass through the Bosporus and Dardanelles straits by September 12-14 and will then head to the eastern Mediterranean.
Russia’s Defense Ministry has said the maneuvers are part of the “stage-by-stage rotation of warships and support ships of the standing naval force in the Mediterranean.”


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Thursday, September 5, 2013

Missiles launched in Mediterranean towards Syrian coast, claims Russian defence ministry. While Israel claims joint US missile launch in Mediterranean for 'target practice'


Russia has claimed that its missile early warning system has detected the launch of two missiles from the central part of the Mediterranean Sea fired towards the Sea's eastern coastline.

Russia has claimed that its missile early warning system detected the launch of two missiles from the central part of the Mediterranean Sea fired towards the Sea's eastern coastline.
The aircraft carrier USS Nimitz (above) and four other ships in its strike group moved into the Red Sea on Monday Photo: Reuters

The launches took place at 10:16 am Moscow time (0616 GMT) and were detected by the ballistic missile early warning system in Armavir in southern Russia, the defence ministry said in a statement quoted by Russian news agencies.
Shortly after 11am, Israel announced that it had carried out a joint missile test with the US in the Mediterranean, using a missile designed to shoot down incoming missiles.
Russia's state-owned RIA Novosti news agency said both missiles then crashed into the sea, citing a source in Damascus.
The Russian embassy in Syria said there was no sign of a missile attack or of explosions in Damascus. The Ministry of Defence in London confirmed that the missiles were not British.
In a sign of the tenions in the region, reports of missiles being fired had an instant effect on markets. The FTSE 100 fell as much as 0.8pc to 6,456.95 and the price of Brent crude, which has risen in recent days on Middle East concerns, spiked as much as 1.2pc to $115.74 a barrel this morning. It reached a six-month high of $117.34 on Wednesday.


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Israel claims joint US missile launch in Mediterranean for 'target practice'

Published time: September 03, 2013 09:03
Edited time: September 03, 2013 15:49

RIA Novosti / Mikhail Fomichev

Israel says it carried out a “joint” US missile launch in the Mediterranean, having earlier claimed ignorance. Russian radars detected two ballistic rockets fired in the region on Tuesday, sparking widespread speculation over who was behind the launch.

RT's LIVE UPDATES on Syrian 'chemical weapons' crisis

A spokesperson for the Israeli army confirmed that a launch of a missile had been carried out 9:15am local time (06:15 GMT), adding that US forces in the Mediterranean had been given prior warning of the drill.
A fighter jet launched an Ankor-type (“Sparrow”) missile as part of a drill to test the Israeli missile defense system. However, earlier, when the Russian government announced it had detected the firing of "two ballistic objects" in the area, Israel insisted it had no “information on this issue yet.”
Despite Israeli claimed of a “joint US” missile launch, the American Navy maintained that no rockets were launched by US forces in the region.
"No missiles were fired from US ships in the Mediterranean," said the spokesman, who made no further comment on the matter.
Other members of the international community were quick to follow suit with France, UK and Italy denying any knowledge of the test launch. NATO said it was investigating the incident.
The Pentagon later admitted that the Israeli missile test in the Mediterranean was carried out “with technical support of the US Defense Department.”
The test was also “pre-planned,” according to the US Defense Department spokesman George Little quoted by Itar-Tass.
The Israeli Defense Ministry confirmed a US defense agency took part in a “successful flight test of the new version of the Sparrow target missile” in an e-mail statement to RT Arabic.


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