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The Next Flashpoint In This Emerging Energy Hub

OilPrice.com Tuesday, 30 April 2019
The Eastern Mediterranean is quickly turning into an energy hub due to the discovery of significant gas resources in recent years. Egypt, for example, has already started production at its giant Zohr gas field, which transformed North-African state from an importer into an exporter of energy. Israel, for the first time in its history, will become a net exporter instead of importer concerning gas. Also, Cypriot waters have seen their fair share of significant discoveries in recent years. Lebanon, on the other hand, is one of the few countries in…
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