VOL. XXX

NO. 14

12-JANUARY-1987

NEW INITIATIVE BY ITALY'S ENI WOULD CHANNEL PART OF EUROPE'S OIL SAVINGSINTO JOINT VENTURE DEVELOPMENT PROJECTS IN SOUTH MEDITERRANEAN AREA

MEES Editor Ian Seymour Reports:

A novel and imaginative approach towards the financing of developmentprojects in a vital area of the Third World is being actively promoted byItaly's state-owned oil corporation ENI with the backing of the ItalianGovernment. Basically, the proposal is that the oil importing developedcountries of...