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The newly discovered gas sources establish a political and economic ground for the formation of regional and global alliances in the Eastern Mediterranean. Although these new discoveries have the potential to alter the functioning of po litics and the economy, current and past controversies,...
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used to simulate market outcomes given different scenarios of demand and supply development, environmental regulations and …
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activity shock than after a gas demand shock (e.g. due to oil price fluctuations). In addition, it is shown that demand …
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