Original scientific paper
East Mediterranean Gas Cooperation and Security Challenges
Antonia Dimou
; diplomatic advisor at the Hellenic Parliament; senior RIEAS advisor
Abstract
The discovery of natural gas resources in the East Mediterranean promise important benefits of energy security and economic gains. A 2010 US geological survey showed that the Levantine basin - offshore Israel, Gaza, Lebanon, Syria and Cyprus - could hold as much as 120 trillion cubic feet, thus securing supply of energy not only for the countries of the region but also for Europe. As this paper will show, regional countries are currently at various stages of exploration and development which are however fraught by political risks and policy dilemmas. Thus cooperation, conflict resolution and the creation of interdependency structures are prerequisites to unlock the potential of the region and safeguard the unimpeded flow of future gas production.
Keywords
Hrčak ID:
170800
URI
Publication date:
11.4.2016.
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