RESEARCH & ANALYSIS
EAST
MEDITERRANEAN
GAS FORUM:
PAVING THE WAY TOWARDS A NEW AGE OF ENERGY DEPENDENCE AND COOPERATION
BY AMINA HUSSEIN, REHAM GAMAL, AND TASNEEM MADI
N
atural gas importance has been rapidly increasing by time, becoming a part of the global politics and international economy through exp new discoveries’ expansion, their optimal utilization is securing energy in the region. The East Mediterranean has a great strategic impo resources, and because of that, it has been attracting the surrounding countries’ eyes to more exploration and production (E&P) opportunities
EAST MEDITERRANEAN GAS FORUM
The East Mediterranean Gas Forum
The East Mediterranean Gas Forum (EMGF) was established due to the significant natural gas discoveries in the region that have a great impact on the region’s energy and economic development. Egypt, Cyprus, Greece, Jordan, Palestine, Israel, and The First Ministerial CRETE Crete Italy are the founders of the EMGF. Meeting The EMGF’s first meeting took place in Cairo, in January 2019, allowing other countries, international organizations, observers, and the private sector to participate in its regulatory bodies. The forum’s second ministerial meeting was October 2018 held in Cairo, on 24 and 25 of July.
The Agreement on Establishing the EMGF reserves, benefit
The EMGF’s main objective is to increase the existing natural gas from infrastructure, and encourage the private sector to participate in natural gas discoveries.
Cairo 03
The Next Ministerial Meeting
January 2019
January 2020
July 2019
Cairo
The Second Ministerial Meeting
Cairo
EAST MEDITERRANEAN GAS FORUM COUNTRIES' PROFILES The next EMGF’s ministerial meeting will be held in Cairo during the second half of January 2020. EGYPT
Egypt has a remarkable history of natural gas discoveries that started with discovery of Abu Madi field in 1967 in the Nile Delta area. Two years afte 18 | EGYPT OIL & GAS NEWSPAPER