Influence of Eastern Mediterranean Gas Discoveries on European Energy Security

DOI

10.2991/icedem-18.2018.126How to use a DOI?

Keywords

Natural gas; EU; East-Med pipeline project

Abstract

The article introduces recent developments in energy sector in the Eastern Mediterranean. Over the past decade, Israel, Cyprus, and Egypt turned from energy importers into exporters. Now each of them possess abundant natural gas deposits and strives to profit from exports. With two major players as the EU and Turkey, the issue becomes politicized. The main driver for European gas policy is the diversification of its suppliers while Turkey is on the way to become natural gas hub between Europe and Middle East. The authors examine natural gas deposits and possibilities to export in Israeli and Cypriot. There are three options as Eastern Mediterranean, Israeli-Turkish pipeline and Egyptian LNG fields. And the authors prioritize the latter as the most profitable.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Elnur T. Mekhdiev
AU  - Alexander S. Vereshchagin
AU  - Guzel F. Kadyrova
AU  - Nail F. Gindullin
AU  - Sharbatullo D. Sodikov
PY  - 2018/12
DA  - 2018/12
TI  - Influence of Eastern Mediterranean Gas Discoveries on European Energy Security
BT  - Proceedings of the 2018 2nd International Conference on Economic Development and Education Management (ICEDEM 2018)
PB  - Atlantis Press
SP  - 517
EP  - 520
SN  - 2352-5398
UR  - https://doi.org/10.2991/icedem-18.2018.126
DO  - 10.2991/icedem-18.2018.126
ID  - Mekhdiev2018/12
ER  -