Neal Rauhauser: Eastern Mediterranean Gas Fields & Pipelines

05 Energy
Neal Rauhauser
Neal Rauhauser

Eastern Mediterranean Gas Fields & Pipelines

The eastern Mediterranean has natural gas resources but with the exception of Egyptian production this is rarely mentioned, almost never in the geopolitical press and only rarely in the energy specific trade press. The Oil Drum offers an excellent series of detailed articles tagged with ‘Israel’, but the style is dense and high context – you have to know the business to be able to interpret the content.

EXTRACT:

We find in the Wikipedia article an example of what The Oil Drum would call “above ground issues”:

The Egyptian pipeline carrying natural gas to Israel and Jordan, has been attacked 15 times since the start of the uprising in early 2011 and 21 July 2012. On November 13, Jordan Prime Minister Abdullah Ensour said that “In the past 18 months of the Arab Spring, Jordan has lost between $4-5 billion at least as a result of oil stoppage, especially the Egyptian gas supplies”.

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