eastern Mediterranean

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An oil boom is transforming the eastern Mediterranean — and changing relationships, especially with Israel

Published: 
Tue, 03/12/2019 - 1:23pm

In 2007, Mathios Rigas spent $1.13 million to buy a near-dormant oil well in Greece with a license that was about to expire. The engineer-turned-banker hired a Venezuelan petroleum chemist, the only person he had met in Greece who knew about oil and gas.