East Mediterranean Gas

Over the past few years, the Eastern Mediterranean has become a major hotspot for both natural gas and geopolitical competition. Natural gas discoveries in the last decade have attracted growing interest from regional countries and beyond. However, recent escalations in tensions and outright confrontations suggest that competition goes beyond the scramble for energy. Indeed, natural gas is just one of the factors that contribute to shaping security and geopolitical dynamics in the Eastern Mediterranean, which has emerged as a crucial strategic area in the broader Mediterranean and the Middle East.Moving from the analysis of these interconnected factors, this Report examines the strategy and the plethora of interests of regional and international players, as well as the interplay between cooperative and competitive dynamics in the region.What are the geopolitical, security, and energy interests of the countries involved? What are the implications on the regional security context of the moves and policies of regional and international powers?

This book provides an in-depth assessment of the modern geopolitics of hydrocarbon resources in the territorial waters of the Eastern Mediterranean, highlighting the current conflicts and disputes in the maritime territories of Egypt, Israel, Lebanon, Cyprus, and Turkey. Further, these geopolitical aspects are analyzed within the broader context of the tensions between and competing interests of big powers such as the USA, Russia, and the European Union. To what extent can major powers influence regional actors and guide them toward rational outcomes? To what extent can economic self-interest contain nationalistic impulses? What are the most practical and sustainable ways of promoting win-win scenarios? This book focuses on such questions and presents a number of clear policy guidelines to help the conflict-laden Eastern Mediterranean region gain a more peaceful and sustainable footing for the greater benefit of the peoples living there.

This book examines the internal and external implications of Israel’s natural gas discoveries in the Eastern Mediterranean. The nation’s changed status from being an importer of coal and oil to that of an exporter of natural gas has consequences not only for the energy sector but also for the fragile geopolitics of the region. The book: Explores the challenges and issues of energy economics and governance; Analyses Israel’s gas diplomacy with its neighbours in the Middle East and North Africa and its potential positive impact on the amelioration of the Arab-Israeli conflict; Studies how Israel can avoid the deleterious impact of the Dutch disease once the government’s share of the export revenues start flowing. The author traces a consummate picture of history, politics, and conflicts that shape the economics of energy in Israel and its future trajectories. A major intervention in Middle East studies, this volume will be of great interest to scholars and researchers of energy studies, development studies, strategic studies, politics, diplomacy, and international relations. It will also be of interest to government agencies, think-tanks, and risk management firms.

The Caspian Sea and the Eastern Mediterranean are two regions with abundant energy resources. Their gas routes to Europe intersect and actors, exporters, pipeline owners and operators, transit states and downstream customers are connected to one another in a web of political and economic interdependencies. More significantly, these regions have been plagued by deep-seated ethnic conflicts and disputes: namely, the two oldest registered in the United Nations (the Cyprus and the Arab-Israeli Conflicts), the Nagorno-Karabakh problem, the Syria War and numerous tensions in the Eastern Mediterranean, the Caspian Sea and the Balkan regions. This book investigates what impact these energy resources have had on the respective conflicts and disputes, as well as their influence on the power game between the EU and Russia.

"This monograph provides an overview of recent hydrocarbon discoveries and their significance for the region's resource holders; it also explores the possible implications of these resources for the region's security landscape, their potential to fuel conflict, and options to foster closer regional cooperation and trade integration. It discusses the role U.S. diplomacy and military support could play to ensure continued stability, security, and regional support within the East Mediterranean's shifting geoeconomic framework"--Page x.

This book was originally published by Claeys and Casteels, now formally part of Edward Elgar Publishing. This book seeks to provide a comprehensive analysis of all these developments, with the ultimate aim of assessing the realistic implications of regional gas discoveries for both Eastern Mediterranean countries and the EU.