Russia: Towards a Balance of Interests in the Eastern Mediterranean

... interests between global and regional powers, and the need to stabilise the region Research interest in Russia’s role in the Eastern Mediterranean region remains high. The increasing Russian presence in the Eastern Mediterranean is explained by energy and security issues. It is noted that Moscow has opted for a more balanced policy of maintaining non-aligned relations.... ... a concession by Italy’s Eni S.p.A. (50%), Rosneft (30%), Britain’s BP (10%) and Mubadala Petroleum (10%). Using Egyptian LNG capacity, Rosneft can achieve the coveted goal of supplying its own natural gas to the European market to compete with Gazprom....