EAST MED GAS EXPORT POTENTIAL
Journal Title: International Journal of Sustainability with Climate and Energy - Year 2023, Vol 2, Issue 1
Abstract
In this study, East Med gas balances were analyzed by taken into consideration of the important milestones existing in different parts of the gas flow steps (from reservoir to the market). In this regard, annual gas export potentials of the due countries up to 2050, situations of the existing and proposed export infrastructures, market balances and commercial approaches was explicated. As a result, the question of: “What to expect from the East Med gas potential up to 2050 and later?” was tried to be answered (mainly from the technical sight). In addition to these, possible results of the current political atmosphere (on the conflicts, energy prices, and diversification attempts) were also be taken into consideration. At the initial step, by neglecting the altering political conflicts in the region, East Med gas balances and technical export potentials of three different regions (Israel, Egypt and Southern Side of Cyprus Island (SSCI) were evaluated. Undiscovered potential of the region in Lebanon, Syria and Turkey were not taken into consideration. Hence, before the discovery it is not coherent to make mathematical calculations. While evaluating the export potentials, from reservoir to the market alternatives, all different aspects and milestones, including the official operator companies’ capabilities were evaluated for each case. Throughout the evaluations, annual gas production and demand volumes, resulting export potentials of the due countries up to 2050, situations of the existing and proposed export infrastructures, market balances and commercial approaches were explicated.
Authors and Affiliations
Oğuzhan AKYENER
OFFSHORE LNG COOPERATION
Traditionally, offshore gas exploitation involved gas gathering pipelines to onshore facilities where it is processed and delivered to markets, by pipeline or liquefied onshore. So far, the Eastern Mediterranean has prov...
NEGATIVE ENVIRONMENTAL IMPACTS OF THE POLITICAL CONFLICTS IN SYRIA AND THE EASTERN MEDITERRANEAN REGION
There are various sources for the usage of weapons in Syria. Remnants of all the missiles, bombs, shells, bullets and other varieties of weapons and ammunition can be found all around the country. People scavenge these l...
EAST MED GAS EXPORT POTENTIAL
In this study, East Med gas balances were analyzed by taken into consideration of the important milestones existing in different parts of the gas flow steps (from reservoir to the market). In this regard, annual gas expo...
EEZ CONFLICTS IN EAST MED AND A POSSIBLE SOLUTION
Alternative natural gas sources have become much more important for the EU (which is a major natural gas consumer), which is now trying to purify its markets from Russian gas. In this context, the East Med has started t...
A JOURNEY OF A THOUSAND MILES LEBANON’S HYDROCARBON MARATHON BEGINS
It is generally known in the industry that the Probability of Success (POS) of hitting a discovery from the first exploration well is less than 30%. Given this context, the exploration well marked a significant milestone...