WSJ: How the Eastern Mediterranean Could Supply Natural Gas to Europe
As Europe is seeking sources of natural gas to serve as an alternative for the politically sensitive Gazprom supply, a massive gas source presents itself for exploration and production. Whether this will happen or not depends on Turkey, a potential transit country.
The development of the Leviathan field offshore Israel and of the Aphrodite natural-gas field offshore Cyprus is a potential game-changer. If the East Med gas pipeline is built via Turkey, offshore Israel and Cyprus may become serious gas suppliers for Europe.
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