Eastern Mediterranean: Addressing Gas Export Challenges

The Eastern Mediterranean is a complex environment for gas producers and countries aspiring to become gas exporters in the next few years. Not only do they have to deal with the usual industry challenges, but they also have to manage with an even tougher factor: geopolitics. A recent report commissioned by the Norwegian government highlights such difficulties by indicating, among other things, that Israel constitutes a high risk for exporting gas. The report anticipates the country – which boasts the most developed oil and gas sector and the largest proven reserves among newcomers in the Eastern Mediterranean – will have more difficulty exporting its excess gas than, say, Brazil, Angola, or Mozambique. Cyprus faces similar difficulties.

 Geopolitics a key challenge in oil and gas exploration in the East Mediterranean region.  

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