Energean not holding breath on East Med FLNG

Potential beneficiary of LNG export solution at Leviathan is only cautiously welcoming

“Any significant new infrastructure that will permit additional export of Eastern Mediterranean gas—given that Egypt exports from its two LNG terminals—will obviously create an opportunity for the East Med to become a more internationally significant production province.” So says Nick Witney, commercial director of regional producer Energean in response to growing speculation that the partners in Israel’s Leviathan field will fix on a floating LNG (FLNG) export solution for a second phase of the field’s development.    “However, this is a situation not unlike the previously proposed strategic East Med pipeline—if it is built, we would love to be a part of it and could provide support,” Witne