Subscribe | Register | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Europe’s gas security strategy may not be 2024 ready
The region’s rapidly evolving infrastructure has a lot to be commended for, but some of the capacity may not be ready in time for next year’s heating season
Letter from India: Prosperity and sustainability make uneasy bedfellows
Burgeoning middle class and long-term growth from a low base at odds with energy transition efforts
Tamboran pursues Northern Territory gas ambitions
The Beetaloo Basin is a gas-rich shale play
China stalls on Power of Siberia 2
Beijing appears willing to use Moscow’s isolation to its advantage
China gas policy focuses on energy security
The revised Gas Utilisation Policy refines Beijing’s policies for a market that has doubled in size since 2012
Gas remains the workhorse of the Texas grid
Much has been made about the expansion of wind and solar power, but in the hottest days of August, Texans depended on gas to avert rolling blackouts
Asian gas industry group counts on rising demand
Regional industry body ANGEA remains bullish about Asia's adoption of gas and LNG, despite elevated prices and logistical challenges
Appalachia’s gas faces infrastructure challenge
Bottlenecks continue to constrain gas-rich Appalachia, and relief may not be in the pipeline
Gas remains crucial to Southeast Asia’s energy balancing act
The fuel will have a continuing role to play as the region seeks to balance growing energy demand with targets to reduce emissions
Gas prices continue to burden European industry
Almost a year-and-a-half after Russia invaded Ukraine, elevated gas prices continue to impact the competitiveness of European industry, especially relative to the US
Energean's FPSO offshore Israel
Gas Eastern Mediterranean
Victor Kotsev
22 May 2023
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

East Med poised to develop gas reserves

Drilling campaigns and bid rounds are gathering pace, and even the long-discussed East Med pipeline may be back on the agenda as the region prepares to increase its gas exports to Europe

Interest is growing in the Eastern Mediterranean’s potential role in helping Europe wean itself off Russian gas. And while the region’s volatility remains a risk to new developments, mutual economic need could help draw governments into greater cooperation, particularly as hopes are high that a lucrative new discovery may be made any time now. There were six relatively small—but cumulatively significant—gas discoveries made offshore Israel, Egypt and Cyprus last year, with estimated new reserves totalling up to 289bn m³. Moreover, the US was able to broker a historic maritime border deal between Israel and Lebanon, which unlocked arrangements for the exploration of two promising areas near t

Also in this section
Europe’s gas security strategy may not be 2024 ready
30 November 2023
The region’s rapidly evolving infrastructure has a lot to be commended for, but some of the capacity may not be ready in time for next year’s heating season
Letter from India: Prosperity and sustainability make uneasy bedfellows
Opinion
30 November 2023
Burgeoning middle class and long-term growth from a low base at odds with energy transition efforts
Letter from Pakistan: More oil and gas needed, not less
Opinion
28 November 2023
Countries such as Pakistan will require fossil fuels for a long time to come, requiring a reframing of the narrative around the energy transition
LNG freight must navigate chokepoints and bottlenecks
28 November 2023
Rising LNG demand and supply risks are outpacing shipping logistics amid Panama and newbuild challenges

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
;

Search