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East Med Gas Development: Hang Together Or Hang Separately
...diterranean deepwater. With the exception of Egypt’s 24 tcf Zohr, which has a hungry domestic market to sate, and Israel’s 10 tcf Tamar, which alone meets 55% of that country’s power demand, other finds – such as Cyprus’ 2011 5 tcf Aphrodite – have struggled to get anywhere near development. The jury remains ve...
Volume: 60Issue: 40Published at Fri, 06 Oct 2017 -
Cyprus Drilling Plans: Make Or Break?
...The next 15 months could be make or break for any hopes of discovering large quantities of gas offshore Cyprus beyond 2011’s 5 tcf Aphrodite, which currently looks stranded. Eni and ExxonMobil each plan two wells on their offshore Cyprus permits by end-2018 (see table). In the absence of di...
Volume: 60Issue: 40Published at Fri, 06 Oct 2017 -
Libya: Another ‘Historic’ Opportunity For Peace
...14, what was arguably a further split into three ushered in by the LPA in December 2015, or the collapse in 2011 of the regime of ousted dictator Mu’ammar al- Qadhafi. Combining inclusivity with consensus will be a tough trick for the UN to pull off. HISTORIC DIVISIONS For most of the past six ye...
Volume: 60Issue: 40Published at Fri, 06 Oct 2017