EastMed Pipeline Project

The Eastern Mediterranean (EastMed) pipeline project relates to an offshore/onshore natural gas pipeline, directly connecting East Mediterranean resources to Greece via Cyprus and Crete that could: i) enhance Europe’s gas security of supply via diversification of counterparts, routes and sources; ii) develop EU indigenous resources such as the offshore gas reserves around Cyprus and Greece; […]

Cyprus Offshore Exploration Blocks 3rd Licensing Round

The Cypriot government has awarded licenses for three exploration blocks offshore the southern part of the island under the country’s 3rd licensing round. Awards were as follows: Block 6: Eni Cyprus/Total E&P Cyprus Block 8: Eni Cyprus Block 10: ExxonMobil Exploration and Production Cyprus (Offshore)/Qatar Petroleum International Upstream. A team led by the Minister of […]

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 […]