Eastern Mediterranean

More Israeli Natural Gas Could Reach Global Markets Via Egyptian LNG Facilities

More Israeli Natural Gas Could Reach Global Markets Via Egyptian LNG Facilities

Natural gas output from Israel is again poised to increase as Chevron Corp. and its partners plan to invest more in the Tamar field, raising prospects for additional Eastern Mediterranean volumes to reach the global market via Egyptian liquefaction facilities.  Tamar’s production is set to go from 1.2  Bcf/d to nearly 1.6 Bcf/d now that…

March 4, 2024
Eastern Mediterranean Natural Gas Seen Boosting LNG Supplies for Europe

Eastern Mediterranean Natural Gas Seen Boosting LNG Supplies for Europe

The European Union (EU) has been eyeing a boom in Eastern Mediterranean natural gas production to ease price volatility, but new research suggests more volumes could be a mid-term source of relief rather than a long-term solution. In a report for Columbia University’s Center on Global Energy Policy, the authors posit that as much as…

March 28, 2023
Israel, Egypt Eye Sending More LNG Supplies to Europe

Israel, Egypt Eye Sending More LNG Supplies to Europe

The European Union (EU) has created a framework for potentially sending more natural gas to the continent following a tentative agreement between Israel and Egypt. The EU and the two potential partners clinched a memorandum of understanding (MOU) outlining collaboration efforts. The MOU highlights plans to send Israeli natural gas to Europe using liquified natural…

June 17, 2022
Eastern Med Group Formed Without Turkey to Cooperate on Natural Gas Resources

Eastern Med Group Formed Without Turkey to Cooperate on Natural Gas Resources

Several Eastern Mediterranean countries have formally established an intergovernmental organization to cooperate in developing the massive offshore natural gas fields in the region, conspicuously leaving out Turkey as a member state. The East Mediterranean Gas Forum (EMGF) is to be based in Cairo and any East Mediterranean country can apply for membership, the Egyptian Ministry…

September 23, 2020
Eastern Med’s Prolific Natural Gas Resources Looking Rock Solid with Eni’s 4 Tcf Discovery

Eastern Med’s Prolific Natural Gas Resources Looking Rock Solid with Eni’s 4 Tcf Discovery

An estimated 4 Tcf of additional natural gas resources has been discovered offshore Egypt in what is becoming one of the most prolific resource areas of the world. Operator Eni SpA and BP plc on Wednesday said a gas-heavy strike was made in the Nidoco NW-1 well in the Abu Madi West Development Lease. The…

September 16, 2020
Eni’s Bashrush Natural Gas Well Builds Eastern Med Export Potential

Eni’s Bashrush Natural Gas Well Builds Eastern Med Export Potential

Eni SpA, together with partners BP plc and Total SE, said they have successfully tested a well drilled on the Bashrush prospect offshore Egypt, expanding the possibility for exports to thirsty ports. Bashrush is in the Eastern Mediterranean (Med) within the North El Hammad concession, in the Nile Delta. Seven miles from the coast, the…

July 29, 2020