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THE ITALIAN ENI FRANCE AND RUSSIA FLASH WORLD
DISCOVERED A HUGE REACHED AN
THE FIRST VIAGRA
GAS FIELD IN EGYPT AGREEMENT ON THE FOR WOMEN WENT
MISTRALS TO THE CANADIAN
VALEANT
At a depth of about 1.500 meters, The delivery of the two ordered The Canadian pharmaceutical
and an area of about 100 square French helicopter carriers for company “Valeant” bought “Sprout
kilometers, the Italian energy Russia by France, was stopped Pharmaceuticals”, a company that
company Eni found a huge gas due to the military embargo of got an approval to sell the first
field. The Zohrexcavation is lo- the Western countries toward medicine for an increase of the
cated in the so called “Shorouk Russia because of the conflict female libido, for a price of one
Block”, in Egypt’s economic wa- in Ukraine. According to the billion US Dollars. According to
ters, at a distance of 200 kilom- agreement with a value of 1.12 the agreement, “Valeant” should
eters from the shore. According billion Euro, France was sup- immediately pay 500 million US
to the company, the field con- posed to deliver the first Mistral Dollars in cash, and it should
tains about 30 thousand billion one year ago, and the second pay the second tranche of the
cubic feet of gas, which is energy one in the second half of this agreed price during the next year.
equivalent to 5.5 billion barrels of year. The agreement was signed The American Food and Drug
oil. This is the largest gas field that by the then President of France, Administration (FDA) approved
has ever been discovered not only Nikolas Sarkozy,and represent- the sale of the so-called Viagra for
in Egypt, but in the entire Medi- ed warming of the relations be- women - “Addyi”, after it refused to
terranean as well. In its press re- tween the two countries. The give an approval twice, due to the
lease the company announced new President, Francois Hol- concern that it does not provide
additional research in the region, lande, after the Ukrainian crisis sufficient benefit compared to
which is considered to have one and its escalation, suspended risks. The approval by the FDA is
of the greatest gas deposits in the the agreement whereby the two a basic prerequisite for the sale
world. The president of the com- countries started negotiations of the company, and the owners
pany, Claudio Descalzi already about the manner of compensa- of “Sprout Pharmaceuticals” for
held a series of meetings with tion. The Russian President an- a couple of years already, have
the President, the Prime Minis- nounced a request for additional been trying to get an approval for
ter and the Ministers of Energy indemnificationdue to non-de- the medication, in order to sell
of Egypt, and in the press release livery, while France insisted the company. Due to the refusal
of the company it is announced only on a return of the advance to register the medication, the
that the construction of the infra- payment. After negotiations of agency was subjected to pressure
structure for use of the gas from almost one year, both countries by the lobby groups, which claim
this field will begin immediately. finally sent a confirmation that that it is not fair toward women
Numerous analysts consider that an agreement has been reached. not to have access to such type of
this discovery may change the ge- France stated that according to therapy. “Valeant”, with a seat in
opolitical relations in the region, the agreement, it has already re- Montreal is the largest Canadian
linked with the construction of turned the amount of about 900 pharmaceutical company, and
the alternative pipelines. million Euros that it received some of its top-selling drugs are the
as an advance payment for the heart medication “Isuprel” and the
delivery, while from Moscow it antidepressant “Wellbutrin”.
was only stated that “the matter
isentirely completed”.
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