The Commercial Challenges Facing Eastern Mediterranean Gas
Article from: OGEL 3 (2020), in Liquefied Natural Gas (LNG)
Introduction
The region of the Eastern Mediterranean holds enormous natural gas reserves. This has sparked interest from international energy majors and made the region one of the favourites for future gas exploration. However, in order to exploit and export these resources numerous technical and commercial, security, legal and political challenges need to be overcome. Focussing on the commercial challenges which will need to be overcome for the region to become a significant producer and exporter of gas this article is divided in five sections. Section 1 assesses the region's ...