A read is counted each time someone views a publication summary such as the title, abstract, and list of authors, clicks on a figure, or views or downloads the fulltext. The east mediterranean s complex political makeup has the potential to affect. The eastern mediterraneans new great game over natural gas. Hakim darbouche, laura elkatiri and bassam fattouh ng 71.
It is just one of a number of conflicts between turkey, cyprus, greece, egypt, israel and lebanon that have arisen since huge reserves of gas began to be discovered in the eastern mediterranean in. Offshore gas in east mediterranean connaissance des energies. The aphrodite gas field located at the 12th exploratory drilling block in the maritime exclusive economic zone is estimated to hold a 200 billion cubic meters of gas. A quarterly journal for debating energy issues and policies contents issue 93 august 20 east mediterranean gas. The discovery of zohr gas field in egypt august 2015 what do we know about the zohr field. The content and conditions of the grant agreement always prevail over any different information which may be included in this document or elsewhere. East mediterranean gas company emg is an owner and operator of the arishashkelon pipeline. The osces contribution to energy governance in the. Large accumulation 30 tcf of gas in a miocene carbonate reef reservoir. It was the biggest natural gas field ever found in the area at the time. Electricity sector and gas demand in the east mediterranean. Eastern mediterranean natural gas exploration focused on the. Pasqualede micco abstract israeli gas discoveries in 2009 and 2010 have transformed the eastern mediterranean into a natural gas producing region and a potential energy exporter for european and asian markets. This timeline brings together some of the most important milestones in the development of offshore gas projects in the eastern mediterranean.
Eni discovers largest known gas field in mediterranean. It argues that the levant basin resources are likely to be a gamechanger for local energy systems and economies, providing. Egypt holds the keys to the eastern mediterraneans gas future. East mediterranean gas will improve energy security in. Scramble for gas in eastern mediterranean is stoking old. The importance of eastern mediterranean gas fields for greece and the eu january 2012 pytheas market focus alain bruneton elias konofagos anthony e.
It is a joint company of mediterranean gas pipeline ltd which belongs to evsen group of companies 28%, the israeli company merhav 25%, ptt 25%, emiegi lp 12%, and egyptian general petroleum corporation 10%. The disputed gas fields in the eastern mediterranean. The eastern mediterranean gas field that has been put up for tender by lebanon and is expected to be developed by an international consortium of energy companies, belongs to israel, israeli. The claimants investment structure is attached as annex i to the present decision. There are many possible ways to prevent this from happening, but each requires the states of the region. Included within the mediterranean gas reserve, israels leviathan gas field is reported to contain some 500 billion cubic meters of gas, according to the u.
Its supporters consider it essential and transformative, a way to bring nonrussian gas into southeast europe and, thus, cement a geopolitical arc from greece to israel, while weakening russias gas hold on europe. Optimism about the ongoing east mediterranean offshore gas adventures. The disputed gas fields in the eastern mediterranean al. Indeed, energy development and transportation are an influential factor in. Egypt, hoping to take advantage of that interest, will try to position itself as the regions energy hub. The big export markets for gas are not in the middle east. Is the eastmed gas pipeline just another eu pipe dream. Handinhand, a regional liquefaction facility in cyprus would facilitate the further exploration and production of the eastern mediterranean gas fields, and help provide other regional gas producers ready. Feb 22, 2018 the riches of the eastern mediterranean attracted renewed attention from the wider world in 2009, when a consortium headed by u. The conference, titled natural gas in the eastern mediterranean. Natural gas pipelines eastern mediterranean egypt israel turkey.
Connecting europe facility eastern mediterranean natural gas. Toward an eastern mediterranean integrated gas infrastructure. The substantial natural gas discoveries offshore israel, cyprus and, most recently in august. In particular, both countries need to decide how quickly to develop their natural gas resources, what proportion if at all to dedicate to exports, and, eventually, how to deliver gas to export markets. Cyprus extends east med gas role with egyptian deal. For decades, it seemed that most countries of the levant, east of the mediterranean sea, had little or no share of the middle easts abundant energy resources. May, 20 for decades, it seemed that most countries of the levant, east of the mediterranean sea, had little or no share of the middle east s abundant energy resources. Rivalries in the wider middle east region have exacerbated recurring challenges for lebanon. The politics of oil and gas in the eastern mediterranean james stocker the discovery of oil and natural gas resources in the eastern mediterranean sea has the potential to exacerbate conflicts in the area. Nemed north east mediterranean deepwater blockhas been in tensively explored during.
This would of course shift the plans for the regions gas exports, however not without addressing the political. The discovery of huge reserves off israels coast is changing the geopolitical balance of power in the region. For the eu, the materialisation of an eastern mediterranean gas hub would be beneficial for both energy policy and foreign policy considerations. Eastern mediterranean natural gas pipeline prefeed studies 7. Israel claims mediterranean gas field doesnt belong to. The italian energy group eni has discovered the largest known gas field in the mediterranean off the egyptian coast and predicted that the. There are proposals, at varying stages of development, to export gas via pipeline and as liquefied natural gas lng from both cyprus and israel for a more detailed discussion of the proposed export routes, see eias regional brief oil and natural gas in the eastern mediterranean. Natural gas discoveries in the eastern mediterranean congressional research service 3 for the most part, the eastern mediterranean countries either do not use natural gas as a fuel i. The answer to this question is not simple, but the eastmed plan sounds unconvincing. May 10, 2017 is the eastmed gas pipeline just another eu pipe dream. New mediterranean oil and gas bonanza rt world news.
Natural gas in the eastern mediterranean casus belli or. In terms of energy policy, the joint exploitation of eastern mediterranean gas resources could, already in the shortterm, provide substance to the longlasting eu gas supply diversification strategy. Dec, 2017 massive gas discoveries in the mediterranean seas levant basin have attracted a flood of investment and no shortage of geopolitical tension. The respondent is the arab republic of egypt egypt or the respondent.
Israeli consortiums exploring the seabed near haifa discovered the tamar and leviathan fields, which collectively hold an estimated 26 trillion cubic feet tcf of natural gas. Gas finds in east mediterranean may change strategic. The new energy resources in the centreeast mediterranean. Assessment of undiscovered oil and gas resources of the levant basin province, eastern mediterranean the u. The prospect of eastern mediterranean gas production. New east mediterranean gas discoveries also sheds a new light on turkey, both as regard its gas resources potential in the mediterranean and the potential of northern cyprus and as it interplays with turkeys past years foreign energy policy of consolidating itself as the transit country to south eastern europe. Assessment of undiscovered oil and gas resources of the. Aug 30, 2015 the italian energy group eni has discovered the largest known gas field in the mediterranean off the egyptian coast and predicted that the find could help meet egypts gas needs for decades. An lng terminal in cyprus already began prefrontend. December 2012 research fellow, oxford institute for energy studies oies. Turning oil and gas fields into profitable opportunities often requires the joint action of a. New east mediterranean gas discoveries also sheds a new light on turkey, both as regard its gas resource s potential in the mediterranean and the potential of northern cyprus and as it interplays with turkeys past years foreign energy policy of consolidating itself as the transit country to south eastern europe.
South mediterranean countries and iraq can almost meet the increased import demands from europe based on the primes 2009 reference case. Egypt holds the key to the eastern mediterraneans gas future. It could decide to proceed alone by exporting the gas volumes that will progressively become available on. East mediterranean gas emg, which supplies egyptian natural gas to israel and other middle east countries, does not see any justification for amending the terms of its contract with the egyptian government to negotiate a higher price, said an emg stakeholder. New east mediterranean gas discoveries also sheds a new. Significant gas discoveries near cyprus and israel are affecting the political, economic and security dynamics in the region. The eastern mediterranean gas pipeline east med pipeline provokes intense reactions. The east mediterranean has been witnessing an unparalleled natural resource boom since the late2000s, when israel, followed by cyprus, made its first significant offshore hydrocarbon discoveries in many years. This paper examines the opportunities and challenges offered by east mediterranean gas to countries and investors in the region. The european highpressure gas transmission network entsog can be picked up there. Sep 05, 2016 the eastern mediterranean will attract great interest from international oil and natural gas companies over the next decade. It provides an overview of energy resources and trends in the eastern mediterranean, debating the influence of the tensions on the exploitation of gas, the role of eu and turkey and the. Gas finds in east mediterranean may change strategic balance.
Natural gas discoveries in the eastern mediterranean. It included many international experts from the region and the eu and focused on the strategic and legal aspects of the natural gas findings. Pdf on apr 15, 2015, constantinos taliotis and others published east mediterranean gas potential. The principal challenge is to lay a 0km deep sea pipeline through the mediterranean to greece and thence across the adriatic to landfall in italy. First additional gas from south mediterranean and iraq we have compared the forecasted base case scenarios with eu import cases. Building a pipeline from the offshore fields to the southeastern mediterranean coast of turkey either directly or indirectly via cyprus could allow any mix of israeli and cypriot gas to target the turkish market or even to access the european markets through the southern gas corridor which is under construction composed by the trans anatolia. Feb 26, 2012 the middle east could soon see new battles over rights to oil and gas beneath the eastern mediterranean in the levant basin and aegean sea. Although the volumes of gas discovered were not a global game changer, potential resources could well boost the economies of the host countries and provide respectable gas volumes to the eu an attractive opportunity given the current reliance on russian gas. Cyprus continues to provide an anchor for the eastern mediterranean gas bonanza with an egyptian agreement. Opportunities and barriers find, read and cite all the.
Energy resources and regional cooperation in the east. An eastern mediterranean offshore gas war is brewing. Nov 29, 2015 egypt holds the keys to the eastern mediterranean s gas future. Nov 21, 2016 the prio cyprus centre, in collaboration with the atlantic council, the friedrichebertstiftung in cyprus, istituto affari internazionali and strata insight, is organising the fourth of its internati. Mediterranean gas expected to fuel efforts to bring cyprus. Oct 24, 2012 cyprus continues to provide an anchor for the eastern mediterranean gas bonanza with an egyptian agreement. The eastern mediterranean sea has several large natural gas deposits.
The presence of high quality reef reservoir was a surprise to. Energy resources and regional cooperation in the east mediterranean 22804331 9788893680073 in light of continuing gas exploration in the mediterranean, potential discoveries in the greek as well as the lebanese eez are possible too. An eastern mediterranean offshore gas war is brewing by cyril widdershoven feb 14, 2018, 12. East mediterranean gas oxford institute for energy. Mediterranean gas field news and updates from the economictimes. Border disputes and gas fields in the eastern mediterranean. It could decide to proceed alone by exporting the gas volumes that will progressively become available on top of the domestic demand. Connecting europe facility eastern mediterranean natural.
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