Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/72977
Authors: 
Tagliapietra, Simone
Year of Publication: 
2013
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 12.2013
Abstract: 
The Eastern Mediterranean region is rapidly changing. The turbolent political transition in Egypt after the Arab Spring, the civil war in Syria, the emergence of Turkey as leading regional power, the tensions between Israel and Gaza and the never-ending dispute between Turkey and the Republic of Cyprus are -all together- reshuffling the regional geopolitical equilibrium. At the same time natural gas findings are flourishing in the offshore of Egypt, Israel, and Cyprus, reshaping the regional energy map and rapidly making the Eastern Mediterranean a world-class natural gas province. These geopolitical and energy pressures are rapidly converging, generating a number of new challenges and opportunities for each player in the region. The aim of this paper is to provide a comprehensive overview on these new regional developments and to propose a critical discussion of the market opportunities and geopolitical risks related to the potential emergence of a new Eastern Mediterranean Energy Corridor.
Subjects: 
Eastern Mediterranean
natural gas
energy geopolitics
Turkey
Israel
Egypt
Cyprus
Lebanon
European Union
security of gas supply
energy security
JEL: 
Q40
Q42
Q48
Document Type: 
Working Paper

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