Research & Analysis
Wednesday, 1st November 2017
Over the past decade, Israel, Egypt, and Cyprus have all announced discoveries of large offshore deposits of natural gas. These recent discoveries in the eastern Mediterranean have set off a regional race to exploit the newly discovered energy sources and, perhaps just as importantly, the lucrative business of connecting them to the European energy market.
Thursday, 12th October 2017
Two years after its discovery, Egypt’s mammoth natural gas field is set to begin production this fall, providing welcome relief to a country currently heavily dependent on gas imports. The exploitation of Zohr—and its neighboring fields of Aphrodite, Tamar, and Leviathan in Cyprus and Israel—opens new opportunities for Egypt.