Syrian War a Pipelines’ War

THE Syrian war often seems like a big confusing mess but one factor that is not often mentioned could be the key to unlocking the conflict. Some experts have pointed out that many of the key players have one thing in common: a billion-dollar gas pipeline. Factor in this detail and suddenly the war begins […]

Israel and Cyprus discussed gas field cooperation

Prime Minister Benjamin Netanyahu and President Nicos Anastasiades agreed to cooperate over the neighboring Yishai and Aphrodite gas fields. Israel’s Prime Minister Benjamin Netanyahu and the President of Cyprus Nicos Anastasiades met yesterday to discuss a wide range of topics, reflecting the close and highly important relations between the states. These issues included counter terrorism […]

Cyprus EEZ – Bidders for third licensing round revealed

27 July 2016 Cyprus Government Spokesperson Nikos Christodoulides announced the bides for the Republic’s third licensing round for offshore exploration. Christodoulides made the announcement via Twitter. Shortly after Christodoulides’ announcement, Energy Minister Yiorgos Lakkotrypis also twitted: “Cyprus EEZ attracts significant interest from Oil & Gas majors during 3rd Licensing Round for offshore exploration.” The Minister’s […]

Global oil and East-Med natural gas

This article is based on a presentation of Charles Ellinas made at the fourth Energy Symposium organised by the Institute of Energy for South East Europe (IENE) and Financial Media Way (FMW) on December 7-8 at the Hilton-Park in Nicosia. The symposium was opened by President Nicos Anastasiades, who called for regional cooperation for the […]

Israeli companies keen on Egyptian gas deal

Companies working in the Israel energy sector said they’re still pursing commercial deals in Egypt despite reports of a breakdown in talks. Egyptian media outlet Ahram Online reported during the weekend the government in Cairo announced plans to suspend negotiations between companies working to bring Israeli gas into the domestic market. The suspension followed word […]

Noble completes deal with BG for Aphrodite field and announces sale of interests in two licences offshore Israel to Delek

British oil and gas company BG Group has announced today it has taken a 35% holding in Block 12 offshore Cyprus from Noble. Noble Energy has sought approval from the Cypriot government to include Britain’s BG Group in a consortium holding rights over a natural gas field in the eastern Mediterranean the Aphrodite gas discovery, […]