OPINION: The sun has come out again in the Mediterranean thanks to the latest and largest drilling success off Cyprus, this one by US supermajor ExxonMobil.
The Glaucus gas strike gives new impetus to the Eastern Mediterranean Gas Forum (EMGF) established between Cyprus, Israel and Egypt.
The forum, nicknamed Club Med, is determined to feed local power demand but also export its new hydrocarbon wealth to Europe and beyond.
