The Energy Sector, Competition and Security in the Eastern Mediterranean
... to create a gas hub. Egypt is planning to receive gas from neighbouring states, liquefy it at the Egyptian LNG plant (Idku LNG with a capacity of 7.2 m. tonnes a year), and sell it on global markets, sending it by tanker to Europe or Asia. Egypt’s ... ... exports, which together would constitute an important boost to the crisis- stricken Lebanese economy. Anna Manafova: Is the Eastern Mediterranean a New Competitor for Russia on the European Gas Markets? Transporting the gas to Europe demanded that Cyprus be involved. This once again raised the predictable issue of Cyprus and prompted a response from Turkey (which we believe ...