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The ITGI pipeline project is looking to ship natural gas from recently discovered Israeli and Cypriot gas fields but has not given up hope on gas from Azerbaijan, its chief executive said. Elio Ruggeri, head of the Italy-Turkey-Greece-Interconnector (ITGI), said on Friday the project was not tailor-made...
The Eastern Mediterranean is set to become a key exporter of gas to Europe with Cyprus at the forefront, a Cypriot minister has said. In an interview with Platts news agency, Cypriot Foreign Minister Erato Kozakou-Marcoullis said that the potential for energy from the region was massive. "There...
Various reports indicate that major international energy companies have accelerated their moves to enter the research process in the Eastern Mediterranean natural gas fields, by attempting to join with established companies already operating in the region such as Noble Energy. Gazprom, Gaz de France...
Noble Energy has confirmed that it was forced to suspend drilling of its Leviathan well offshore from Israel after hitting a high pressure zone before reaching its primary objective. The well, which is being drilled in the Levant Basin, has so far reached a depth of 21,400 feet. However, the company...
In the mid-60s, John F. Kennedy stated the famous geography has made us neighbors, history has made us friends, economics has made us partners and necessity has made us allies having the flourishing US-Canadian alliance on his mind. Fifty years later, those words have a deep meaning for a newborn block...
On March 27th and 28th, an important international energy conference was held in Athens involving top officials from the United States, Greece, Israel, Cyprus and other countries. Attendees also included delegations from industry participants, including Noble Energy, which has recently achieved significant...
Gazprom's marketing arm, Gazprom Marketing and Trading Switzerland has today signed a Letter of Intent (LoI) with the marketing team for the Tamar LNG partners to begin non-exclusive talks for gas supply from the offshore Israeli field and one other field. The LoI is signed between Gazprom Marketing...
In order to maintain Israel’s energy security for the foreseeable future, the government must refrain from exporting its newfound natural gas supply, as well as ensure that these reserves are not the country’s sole source of electricity, experts said at a forum on Sunday. MORE
The Interconnector Turkey-Greece-Italy (ITGI) pipeline project, which recently effectively lost the Southern Corridor pipeline race to the rival Trans Adriatic Pipeline (TAP) project, is unveiling a new strategy, with plans to link itself with the prospective natural gas reserves offshore Cyprus and Israel.
Turkish Minister for Energy and Natural Resources Taner Yildiz has said that transportation of Cypriot gas through Turkey cannot happen because of a dispute with Israel. He said the transit of the gas would be "impossible", the Trend news agency quotes him as saying to the Vatan newspaper today. Yesterday...