Energean not holding breath on East Med FLNG
Potential beneficiary of LNG export solution at Leviathan is only cautiously welcoming
“Any significant new infrastructure that will permit additional export of Eastern Mediterranean gas—given that Egypt exports from its two LNG terminals—will obviously create an opportunity for the East Med to become a more internationally significant production province.” So says Nick Witney, commercial director of regional producer Energean in response to growing speculation that the partners in Israel’s Leviathan field will fix on a floating LNG (FLNG) export solution for a second phase of the field’s development. “However, this is a situation not unlike the previously proposed strategic East Med pipeline—if it is built, we would love to be a part of it and could provide support,” Witne
Also in this section
28 March 2024
The country’s largest gas field is a bright spot for the North Sea, boasting cleaner operations amid a changing mood in Europe over hydrocarbons
28 March 2024
Whether OPEC+ starts to unwind its oil production cuts from June will depend on heavily debated unfolding supply-demand balances
28 March 2024
As a gas supply shortfall looms, balancing regulatory flexibility with energy security and investor confidence will be critical
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources