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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
Turkey shows Europe its gas hand
Country offers to boost gas exports to Europe to 10bcm/yr, but serious questions remain
Oil cannot escape Mideast conflict forever
Markets have seen no material disruption from the war so far, but as the fighting goes on it is a matter of when, not if
IOCs undeterred by Middle East conflict
Companies operating offshore assets in the region are unlikely to halt development plans for now, even as hostilities intensify
The Middle East conflict and the oil price puzzle
An escalation in the conflict could threaten global oil supplies, so why is the market not reacting?
Israel Cyprus Turkey
Gina Cohen
11 September 2018
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Israel faces upstream reform challenge

A government committee has failed to tackle the root causes of a slump in upstream expansion, argues energy analyst Gina Cohen

In 2013, the Israeli government decided to determine how much of the country's 33 trillion cubic feet of gas would have to remain for local consumption versus the volumes allowed for export. In addition, the decision specified that all export facilities would have to be located in Israeli waters and all fields, regardless of whether the gas was for local consumption or exports, would have to be connected first to the local market. An inter-ministerial committee (the Zemach committee), which had submitted its analysis to the government in a 130-page document, was confident that its recommendations, which were endorsed by the cabinet, would stimulate gas exploration. The 2013 report stipulated

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