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East Med needs less talk, more action – Energean CEO
Some operators are not committed to developing their gas resources, whether because they are too small or of lower priority, or because of geopolitical concerns, says Mathios Rigas
Europe’s malaise offers risk and opportunity for Turkey
The EU and Turkey should look beyond stalled accession talks and towards a new partnership that encompasses energy integration and carbon alignment
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The country is aiming for hub status as it boosts regas and storage capacity, but while the opportunity is great, there is much work still to do
Iraq’s tangled Ceyhan oil web
KRG, Iraq’s central government and Turkey are all working to get exports flowing from the key port, but complications remain
Letter from the Middle East: Iran-Israel war risks dire straits
A blockade of the Strait of Hormuz would have reverberations that would sound around the world
Israel-Iran war imperils Egypt’s energy supply
Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
The oil risk premium fable
Israel’s attack on Iran caught oil firms with low inventories due to their efforts to protect themselves from falling prices, creating a perfect storm
Turkey aims to reduce dependence on energy imports
Country is boosting domestic energy production while targeting development of oil and gas reserves in Africa and Asia
Israel’s gas performance chafes against narrow export horizons
Israel continues to strike new oil and gas concession agreements and gas exports continue to rise, but an overreliance on Egypt remains the big concern
Turkmenistan, Turkey and Iran in gas triangle
The new agreement for Turkmen gas exports via Iran marks another step in Turkey’s efforts to become regional gas hub but may have limited benefits for Tehran
Greece Turkey Israel
Gerald Butt
19 July 2018
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Interview: Energean's Mathios Rigas targets East Med success

Energean’s boss reveals the secrets of his small company’s achievements in the Eastern Mediterranean

Mathios Rigas sat down in Energean's corporate headquarters in London looking like a satisfied man. His small Greek energy company had recently listed on the London Stock Exchange, raising £330m ($460m), and its just-published results for 2017 were healthy. So, was he a happy man? "Yes, indeed," he told Petroleum Economist in an interview. "It's positive progress. Everything that we've promised we're delivering, and that's a very big part of our story." Rigas, Energean's chief executive—who started his career after taking an MSc from Imperial College in London—was a founder of the company in Greece a decade ago. To many at that time, the start didn't seem promising. Rigas spent €1m (£880,

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