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CURRENT TRENDS IN EAST MED GAS POLITICS

CURRENT TRENDS IN EAST MED GAS POLITICS

Oğuzhan Akyener

INTRODUCTION

 

In addition to the existing political conflicts in the region, presence of hydrocarbon resources makes the Eastern Mediterranean region much more important in the global dynamics. The region consists of 8 countries, which are Turkey, Syria, Lebanon, Israel, Egypt, Palestine, Northern Cyprus and Southern Cyprus (Although some of which are not officially recognized as sovereign states by some countries.). However, there are important political conflicts and problems between these players, such as; existing Cyprus conflicts, situation of Syria, internal unrests in Lebanon, Israel – Palestinian dissensions and some violent acts of undemocratic coup government in Egypt.

In addition to this very complicated political situation in the region, new gas discoveries and the possibility of having more potential takes the balances in a worse position.

Currently, when the due countries are overlooked, it is known that only Egypt, Israel, Palestine and Cyprus (In this study Cyprus means both Northern and Southern sides) have discovered natural gas resources.

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