East Med juggles win/losses and win/wins
Rivalry continues to impact energy projects across the region. But collaboration will be essential to achieve economic potential
The discovery of a significant new hydrocarbon play in the Eastern Mediterranean a decade ago shone a greater geopolitical spotlight on the region. A series of discoveries fueled ambitions on the part of littoral states, attracted the interest of outside powers and made the East Med a potentially significant pivot point for European energy security and diversification. These finds also drew unprecedented attention to the region's—at times strained—political, economic, and security relations. They facilitated the establishment, or strengthening, of cooperation between states but also sparked rivalry and/or accentuated existing conflicts. A decade later, the East Med finds itself at a crossroa
Also in this section
3 May 2024
Upcoming elections are likely to deliver a win for the party of president Andres Lopez Obrador, but analysts differ over to what degree his successor will stick to his energy policies
2 May 2024
Faster-than-expected economic growth fails to mask macro imbalances and shifting structural oil product trends
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind