I believe that the gas in the Eastern Mediterranean basin is and should be a source of regional cooperation. While conflict makes no sense whatsoever, cooperation benefits all the parties involved from both a geological and economic point of view ...

The hydrocarbon discoveries in Cypriot waters, part of the Eastern Mediterranean bonanza, were "Godsent". However, a bigger gift for Cyprus was the weakening relations between Turkey and Israel. This rift forced Israel to seek a multifaceted and mutually beneficial co-operation with the Cypriot Republic. ...

From Energy Live News Israel started pumping its first offshore natural gas in a move it hopes will help boost the nation’s economy and increase energy security. Located in the Mediterranean Sea, gas started flowing in from the Tamar offshore field into the Israeli port of Ashdod. The project is believed to be the largest privately funded infrastructure project in the nation, costing around $3 billion (£2bn ...

A new deal by Russia's Gazprom energy giant to market Israeli liquefied natural gas puts Moscow firmly in the burgeoning and contentious east Mediterranean energy sector, and shows that it's again emerging as a player in the strategic region. ...

Another day, another troubled European economy punishes its leaders for not being able to wade out of the fiscal muck that continues to paralyze much of the continent. This time around, Cyprus turned out to deliver one of the most decisive victories the divided island nation has ever seen, with 57% of voters casting their ballots for the Democratic Rally Party’s Nicos Anastasiades in a run-off against the C ...

The latest floating terminal technology could be the key to unlocking gas exports from Israel's Tamar field and the larger related gas riches of the eastern Mediterranean. Russian energy group Gazprom said on Tuesday it is in exclusive talks to buy liquefied natural gas (LNG) from Tamar, located about 90 km off Israel's coast. ...

Companies exploring potential work in the Lebanese energy sector won't need a national partner provided they have a viable strategy, a government source said. ...

Lebanon's dysfunctional government desperately wants to start awarding contracts for natural gas exploration in the eastern Mediterranean and start a process that could rescue a steadily declining economy. But Lebanon is crippled by centuries-old sectarian rivalries that could derail the process of extracting the estimated 25 trillion cubic feet of gas that lies beneath Lebanese waters while neighboring Isr ...

Lebanon approved conditions for companies to bid in the nation’s first offshore oil and natural gas licensing round as it seeks to catch up with neighbors Israel and Cyprus in developing fuel reserves. The decision was made today at a weekly cabinet meeting, Information Minister Walid Daouk told reporters after the session in Beirut. ...

Brussels appears to be expanding the number of options it will consider in Europe’s long-running push towards expanding their natural gas options by expressing interest in what the Eastern Mediterranean has to offer. Speaking at a conference in Cyprus just before the New Year, European Energy Commissioner Guenther Oettinger offered a cautious confidence that the Eastern Mediterranean natural gas find could ...