The agreement between Egypt and Israel on energy cooperation certainly marks a step towards the resumption of a pragmatic relationship between the two countries. Nevertheless, it also reveals important multilateral and trans-regional reflections, as it raises this portion of the Eastern Mediterranean as a brand new and concrete energy frontier towards which different internal and external actors in the so-called enlarged Middle East have expressed interest and attention. Thus, the rich offshore oil and gas deposits could soon become an important factor of stability for the area and a potential geo-strategic game-changer also for the EU and international energy policy.
Dentice, G., Natural gas in the Eastern Mediterranean: a driver of development, in Talbot, V. (ed.), Building Trust: the Challenge of Peace and Stability in the Mediterranean, ISPI - Istituto per gli Studi di Politica Internazionale, Milano 2018: 23- 26 [http://hdl.handle.net/10807/132419]
Natural gas in the Eastern Mediterranean: a driver of development
Dentice, Giuseppe
2018
Abstract
The agreement between Egypt and Israel on energy cooperation certainly marks a step towards the resumption of a pragmatic relationship between the two countries. Nevertheless, it also reveals important multilateral and trans-regional reflections, as it raises this portion of the Eastern Mediterranean as a brand new and concrete energy frontier towards which different internal and external actors in the so-called enlarged Middle East have expressed interest and attention. Thus, the rich offshore oil and gas deposits could soon become an important factor of stability for the area and a potential geo-strategic game-changer also for the EU and international energy policy.
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