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 interests have taken this turn since it has had fewer problems developing and selling its own natural gas, while the ... ... 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 ...