Canada failed to respond to German entreaties to buy Canadian LNG, so Germany turned to Mexico. The world market structure could change as a result.
Since December 2019 the World has been gradually challenged to address two major challenges as a result of the global CoViD19 Pandemic: firstly, the global race of the scientific community for the cure, i.e. a Coronavirus vaccine, and secondly, the global financial slowdown.
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
Glaucus Discovery: A Game Changer Discovery for the Development of the Gas Reserves of the Republic of Cyprus
The Glaucus discovery, it could be a game changer discovery for the development of gas reserves of the Republic of Cyprus as secures the involvement of the Exxon Mobil-QP consortium, and this involvement increases the confidence of ENI and TOTAL for the development of Kalypso
Italy has officially announced its intention to endorse and participate in China’s Belt and Road Initiative (BRI). Michele Geraci, the undersecretary in the economic development ministry, suggested that Italy planned to sign a memorandum of understanding to support BRI.
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 present article is inspired by a first analysis based on the article of “A. Xenofontos; "Managing Investor-State Disputes in Upstream Oil and Gas Industry: IOCs' Perspective" OGEL 4 (2018)
The Exploitation of Hydrocarbons as a Factor of Differentiating the Eastern Mediterranean Power Correlation: the case of the Republic of Cyprus
By Savvas Papasavvas PhDc, Military officer, Foreign and Energy Policy Analyst, Strategy Junior Consultant