Although oil prices have hit rock bottom recently, liquefied natural gas (LNG) is still holding its ground as a cheap and reliable energy source –
Tag: Cyprus
EastMed Tensions: Turkey Ramps Up Drilling, Cyprus Its Gas Exports Plans
With the outright confrontation between Turkey and the European Union about Ankara’s drilling program in the Eastern Mediterranean on the verge of escalating out of
Egypt – New Gas Platform in the Eastern Mediterranean
Gas discoveries in the eastern Mediterranean have upset the energy prospects of the countries concerned, which are sinking more and more into import dependency. Egypt,
Expert Analysis: Natural Gas in Eastern Mediterranean: Who Gains and Who Loses
In November 1999, Palestinian Authority President Yasser Arafat signed a 25-year contract for gas exploration with the British Gas Group (BG), now Shell, which later
Turkey Stops Cypriot Drill Ship in East Mediterranean
Cyprus yesterday (11 February) accused Turkey’s military of obstructing the vessel “Saipem 12000” contracted by Italian oil firm Eni from getting closer to an area
Fueling Europe: How to Turn the Mediterranean into an Energy Powerhouse
The European countries have been excited over the past few years about newly discovered gas reserves in the eastern Mediterranean and rightly so. The newly
EU’s Prospects in East Med: Gas Discoveries as Means for Regional Cooperation
Sohbet Karbuz (Barcelona Center for International Affairs – CIDOB) A number of major natural gas discoveries that have been made in recent years as well
Qatar Petroleum to Launch Oil Exploration in Morocco and Cyprus
Qatar Petroleum (QP) is going to launch exploration projects of oil and gas in Morocco and Cyprus in an attempt to compensate for the oil
Lebanon About to Kick-Start Its Offshore Gas and Oil Production
Lebanon is planning to kick start its oil and gas industry by rekindling its licensing process with the aim to boost the development of a
Analysis: Can South-Eastern Mediterranean Gas Be a Supply for the EU?
At the time when the transport of energy resources from Russia is uncertain due to the crisis in the east of Ukraine, the European Union