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 ... ... Europe demanded that Cyprus be involved. This once again raised the predictable issue of Cyprus and prompted a response from Turkey (which we believe to be somewhat belated). In the course of time, Israel succeeded in securing the support of Egypt, Greece ...