East Mediterranean

The Eastern Mediterranean is a global gas exploration hot-spot. The key discoveries, 2015's Zohr off Egypt and Israel's 2010 Leviathan, are both a whopping 22tcf. Cyprus and Lebanon are also hopeful of gas riches. But the region's complex geopolitics mean that development, and thus revenues, have severely lagged discoveries.

Geopolitical Risk

17 Jan, 2020

Featured

Israel Scores Gas Diplomacy Breakthrough As Leviathan-Egypt Flows Begin

The start of Leviathan gas shipments to Egypt is a key geopolitical victory for Israel. Cairo has joined Jordan in taking Israeli gas as a meeting of the East Med Gas Forum celebrated the start of shipments. But, despite a Leviathan reserves hike, actual deliveries may remain modest.

Leviathan Planned Output Profile (bcm/y)*

Geopolitical Risk

3 Jan, 2020

Top Story

East Med Players Ramp Up Pipeline Politics

Israel, Greece and Cyprus’ signing of support for an Israel-to-Europe gas pipeline is a political gesture in response to Turkey’s East Med assertiveness.