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A blockade of the Strait of Hormuz would have reverberations that would sound around the world
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Egypt’s government was already preparing for potential energy shortages this summer, and the loss of Israeli gas supply has made things worse
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The Middle East conflict and the oil price puzzle
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East Med gas producers show caution and commitment
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The threat of a big disruption to energy trade in the Middle East appears to be receding, but the fog of war is casting doubt on projects in the region
Israel Eastern Mediterranean Greece
James Gavin
30 November 2018
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Interview: Opportunity knocks in the East Med

Rony Halman, chairman of Israel Opportunity Energy Resources, explains why the region could be on the verge of something big—but some points of contention remain

These are busy days in the East Med. Egypt has just received its last cargo of imported liquefied natural gas, and now Israel is poised to move forward on a plant to send pipeline gas to its neighbour, after Egyptian and Israeli companies agreed in early October to buy a stake in the Egypt-Israel gas pipeline. Cyprus in mid-September took a bold step towards gas exporter status with the striking of a pipeline deal with Egypt. This will initially send gas from the offshore Aphrodite field, discovered in 2011, to be liquefied at the Damietta and Idku plants. Meanwhile, production is due to start in 2019-20 from Israel's giant Leviathan gasfield. All in all, it makes for an active hydrocarbons

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