Israel’s war with Hamas will have a regional impact, as it involves also Iran’s proxies . Risks to energy infrastructure is clear, while global energy markets at risk.
The Middle East is emerging as a global hotspot for green hydrogen. Economics and markets however will collide with geopolitics.
EU president Von der Leyen’s energy market proposals will hit back as a boomerang. A reassessment of energy supply and demand should be put in place, while recapturing the need for a stronger energy mix, including hydrocarbons and nuclear. Current market restructuring dangerous for EU’s energy and economic security.
Russia’s use of its energy exports, as seen by Nordstream1, is putting European cohesion under pressure. Weaponization of energy supplies is Moscow’s strongest weapon to hold Europe’s future long-term.
The EMGF meeting comes at a pivotal moment as a military confrontation is looming in the Economic Exclusive Zone (EEZ) of Cyprus. Turkish president Tayyip Erdogan has sent several drilling ships to operate in the zone, which is according to maritime law Cypriot, but disputed by Ankara
The Future of the East Med is not a new discussion or phenomenon. As Dr. Cyril projects the US stepped up collaboration and support for energy security whilst also geostrategic change and a new landscape coming through. What are the new spheres of influence is distinctive not only in 2022,…
As already indicated by US Secretary of State Mike Pompeo, Washington’s official push is to assist East Mediterranean countries, to start by Cyprus, to export its gas to Europe. The US official indicated several time that the push for East Med gas to the EU is to lessen the latter’s…
The East Med region, currently fully on the front pages of the international media due to the ongoing offshore gas discoveries in Egypt, Israel and Cyprus, is undergoing radical change.
The multitude of offshore gas discoveries in the East Mediterranean have attracted regional cooperation & economic relations. However, maritime disputes & power projections of the main parties -Turkey, Greece & Cyprus- could lead to military confrontations