Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
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
Licensing round March update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Turkey moves at pace on Black Sea gas
The country’s NOC is fast-tracking development of Sakarya, but any need to bring in partners could complicate progress
Chevron wades into Israeli gas price dispute
The major has ruffled Israeli feathers less than a month into its ownership of a key asset
Pharos’ main man goes back to the East Med future
The independent’s CEO was making oil discoveries in the Gulf of Sinai in the 1970s. Now he is back in the region
Global announcements and developments July
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
East Med gas going nowhere
Lebanon’s first offshore well was dry, exploration off Cyprus is on hold—the region’s glitter is looking distinctly faded
Licensing rounds announcements and developments
The industry's most comprehensive list of current and recent rounds for onshore and offshore licenses
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
Eastern Mediterranean Israel Cyprus Greece Turkey
Victor Kotsev
18 August 2020
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

East Med pipeline: maybe someday

Studies on the possible route may be under way, but if the project materialises at all, it is unlikely to be on an ambitious schedule

Israel’s ratification of an agreement struck earlier in the year to build the Eastern Mediterranean Gas (East Med) pipeline, designed to ship Israeli and Cypriot gas to Greece and on to Western Europe by the middle of the decade, coincided almost simultaneously  with Chevron’s $5bn deal for Noble Energy, one of the region’s leading operators. Unsurprisingly, both stoked renewed optimism around the project. But many experts caution against premature enthusiasm for the 10bn m³/yr link—1,300km of the total 1,900km of which would be offshore, making it among the longest undersea gas links in the world, and that does not include a further more than 200km subsea connection from Greece to Italy. Be

Also in this section
Energy’s electric shock
20 June 2025
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
ADNOC eyes cross-border opportunities
20 June 2025
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
IEA and OPEC energy assumptions on fragile ground
19 June 2025
Geopolitical uncertainty casts a pall over expectations around demand, supply, investment and spare capacity
India to help Asia spearhead global refining
19 June 2025
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search