| ID | 120899 |
| Title Proper | Offshore energy in the Levant basin |
| Other Title Information | leaders, laggards, and spoilers |
| Language | ENG |
| Author | Paraschos, Peter E |
| Publication | 2013. |
| Summary / Abstract (Note) | With Israel and Cyprus recently confirming massive offshore gas reserves in the Levant Basin, the eastern Mediterranean Sea region is emerging as a significant new source of natural gas. The major economic and geopolitical implications explored in this essay include the accelerating regional competition to develop offshore energy resources; the related pursuit of major foreign investment for upstream energy development; consequences for regional gas export markets, notably the European Union; the influence of regional rivalries and conflicts on regional energy development; and the impact of the new energy resources on the regional balance of power. |
| `In' analytical Note | Mediteranean Quarterly Vol. 24, No.1; Winter 2013: p.38-56 |
| Journal Source | Mediteranean Quarterly Vol. 24, No.1; Winter 2013: p.38-56 |
| Key Words | Israel ; Cyprus ; Mediterranean Sea ; Natural Gas ; Regional Competition ; Foreign Investment ; Energy Development ; European Union ; Regional Gas Export Market |