Discovery of Israel's Gas Fields and their Geopolitical Implications

Discovery of Israel's Gas Fields and their Geopolitical Implications PDF Author: Alan Craig
Publisher: Emirates Center for Strategic Studies and Research
ISBN: 9948146182
Category : Antiques & Collectibles
Languages : en
Pages : 16

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Book Description
Lying some 150 kilometers from Israel’s northern shoreline, these fields combined are believed to hold gas reserves of 25 trillion cubic feet (tcf) of gas. Together with smaller finds, it is estimated that Israel will have enough gas to meet total gas domestic needs for power generation over the next three decades and still accrue at least $140 billion in export earnings from the surplus produced. For a nation that for so long endured a total Arab oil embargo – as well as a secondary boycott from multi-national energy corporations unwilling to invest in exploration of Israel’s coastal waters, lest it damage investment and contracts in oil-producing states across the Middle East – these finds, according to the Financial Times mean that “Israel today stands on the cusp of an economic revolution, fuelled by the vast riches below its waters.” However, aside from this prospective boon to the Israeli economy, this gas bonanza would also appear to be timely. In the light of the Arab Spring and the emerging security vacuum in the Sinai, Egyptian gas sales to Israel – fixed at a subsidized rate by an agreement reached with the previous Mubarak regime in 2005 – have now been terminated following a dozen sabotage attacks on the pipeline in the northern Sinai over a period of 18 months. Such attacks are seen in Israel as a true measure of wider anti-Israel sentiment across Egyptian society, not least because the deal was negotiated by the Mubarak regime at a time when gas shortages continued to blight day-to-day life across Egypt. Until supplies from the recent gas fields can be realized in the Israeli market, the cost of energy for Israelis has continued to rise exponentially as power stations have been forced to revert to imported fuel oil, heavy oil and diesel to meet immediate shortfalls. Other distant problems – some geopolitical, others internal – threaten to cloud the otherwise bright energy horizon. Given the location of the Leviathan field in particular, Lebanon has raised objections, arguing its riches fall partially within its own declared Exclusive Economic Zone (EEZ) of the eastern Mediterranean.

Discovery of Israel's Gas Fields and their Geopolitical Implications

Discovery of Israel's Gas Fields and their Geopolitical Implications PDF Author: Alan Craig
Publisher: Emirates Center for Strategic Studies and Research
ISBN: 9948146182
Category : Antiques & Collectibles
Languages : en
Pages : 16

Get Book Here

Book Description
Lying some 150 kilometers from Israel’s northern shoreline, these fields combined are believed to hold gas reserves of 25 trillion cubic feet (tcf) of gas. Together with smaller finds, it is estimated that Israel will have enough gas to meet total gas domestic needs for power generation over the next three decades and still accrue at least $140 billion in export earnings from the surplus produced. For a nation that for so long endured a total Arab oil embargo – as well as a secondary boycott from multi-national energy corporations unwilling to invest in exploration of Israel’s coastal waters, lest it damage investment and contracts in oil-producing states across the Middle East – these finds, according to the Financial Times mean that “Israel today stands on the cusp of an economic revolution, fuelled by the vast riches below its waters.” However, aside from this prospective boon to the Israeli economy, this gas bonanza would also appear to be timely. In the light of the Arab Spring and the emerging security vacuum in the Sinai, Egyptian gas sales to Israel – fixed at a subsidized rate by an agreement reached with the previous Mubarak regime in 2005 – have now been terminated following a dozen sabotage attacks on the pipeline in the northern Sinai over a period of 18 months. Such attacks are seen in Israel as a true measure of wider anti-Israel sentiment across Egyptian society, not least because the deal was negotiated by the Mubarak regime at a time when gas shortages continued to blight day-to-day life across Egypt. Until supplies from the recent gas fields can be realized in the Israeli market, the cost of energy for Israelis has continued to rise exponentially as power stations have been forced to revert to imported fuel oil, heavy oil and diesel to meet immediate shortfalls. Other distant problems – some geopolitical, others internal – threaten to cloud the otherwise bright energy horizon. Given the location of the Leviathan field in particular, Lebanon has raised objections, arguing its riches fall partially within its own declared Exclusive Economic Zone (EEZ) of the eastern Mediterranean.

Global Energy Governance

Global Energy Governance PDF Author: Andreas Goldthau
Publisher: Rowman & Littlefield
ISBN: 081570464X
Category : Political Science
Languages : en
Pages : 386

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Book Description
A Brookings Institution Press and Global Public Policy Institute publication The global market for oil and gas resources is rapidly changing. Three major trends—the rise of new consumers, the increasing influence of state players, and concerns about climate change—are combining to challenge existing regulatory structures, many of which have been in place for a half-century. Global Energy Governance analyzes the energy market from an institutionalist perspective and offers practical policy recommendations to deal with these new challenges. Much of the existing discourse on energy governance deals with hard security issues but neglects the challenges to global governance. Global Energy Governance fills this gap with perspectives on how regulatory institutions can ensure reliable sources of energy, evaluate financial risk, and provide emergency response mechanisms to deal with interruptions in supply. The authors bring together decisionmakers from industry, government, and civil society in order to address two central questions: •What are the current practices of existing institutions governing global oil and gas on financial markets? •How do these institutions need to adapt in order to meet the challenges of the twenty-first century? The resulting governance-oriented analysis of the three interlocking trends also provides the basis for policy recommendations to improve global regulation. Contributors include Thorsten Benner, Global Public Policy Institute, Berlin; William Blyth, Chatham House, Royal Institute for International Affairs, London; Albert Bressand, School of International and Public Affairs, Columbia University; Dick de Jong, Clingendael International Energy Programme; Ralf Dickel, Energy Charter Secretariat; Andreas Goldthau, Central European University, Budapest, and Global Public Policy Institute, Berlin; Enno Harks, Global Public Policy Institute, Berlin; Wade Hoxtell, Global Public Policy Institute, Berlin; Hillard Huntington, Energy Modeling Forum, Stanford University; Christine Jojarth, Center on Democracy, Development, and the Rule of Law, Stanford University; Frederic Kalinke, Department of Politics and International Relations, Oxford University; Wilfrid L. Kohl, School of Advanced International Studies, Johns Hopkins University; Jamie Manzer, Global Public Policy Institute, Berlin; Amy Myers Jaffe, James A. Baker Institute for Public Policy, Rice University; Yulia Selivanova, Energy Charter Secretariat; Tom Smeenk, Clingendael International Energy Programme; Ricardo Soares de Oliveira, Department of Politics and International Relations, Oxford University; Ronald Soligo, Rice University; Joseph A. Stanislaw, Deloitte LLP and The JAStanislaw Group, LLC; Coby van der Linde, Clingendael International Energy Programme; Jan Martin Witte, Global Public Policy Institute, Berlin; Simonetta Zarrilli, Division on International Trade and Commodities, United Nations Conference on Trade and Development.

The Political and Economic Challenges of Energy in the Middle East and North Africa

The Political and Economic Challenges of Energy in the Middle East and North Africa PDF Author: David Ramin Jalilvand
Publisher: Routledge
ISBN: 1351783483
Category : Political Science
Languages : en
Pages : 400

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Book Description
The Middle East and North Africa (MENA) are in disarray, and shifts in the field of energy have the potential to drastically affect the course of political and economic developments in the region. Declining oil prices, skyrocketing domestic demand, the rise of unconventional oil and natural gas production in North America, as well as shifting patterns of global energy trade all put severe pressures on both producing and importing countries in the MENA region. Policy-makers are facing fundamental challenges in light of the duality of grand transformations in (geo)politics and energy. Changes in the field of energy require substantial political and economic reforms, affecting the very fabric of sociopolitical arrangements. At the same time, the MENA region’s geopolitical volatility makes any such reforms extremely risky. Including contributions by academics and analysts from both inside and outside the MENA region, this volume explores the changes in global and regional energy, the impact of changing international energy dynamics on politics and economies in the MENA region, and the challenges that will result. This is essential reading for researchers, postgraduates, and professionals in Middle Eastern and North African politics, global energy governance and regionalism.

Fraternal Enemies

Fraternal Enemies PDF Author: Clive Jones
Publisher: Oxford University Press
ISBN: 0197530923
Category : Political Science
Languages : en
Pages : 313

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Book Description
Relations between Israel and the Gulf states are not anything new. In the immediate aftermath of the 1993 Oslo Accords, both Qatar and Oman established low-level yet open diplomatic ties with Israel. In 2010, Ha'aretz reported that the former Israeli foreign minister, Tzipi Livni, was on friendly terms with Shaykh Abdullah Ibn Zayed, her counterpart from the UAE, despite the absence of formal diplomatic ties between the two states. The shared suspicion towards the regional designs of Iran that undoubtedly underpinned these ties even extended, it was alleged, to a secret dialogue between Israel and Saudi Arabia, led by the late Meir Dagan, the former head of Mossad. Cooperation between Israel and Saudi Arabia in thwarting Iran's regional ambitions also casts light on Washington's lack of strategic leadership, which had previously been the totem around which Israel and the Gulf states had based regional security strategies. Jones and Guzansky contend that, at the very least, ties between Israel and many of its Gulf counterparts are now more vibrant than hitherto realized. They constitute a tacit security regime which, while based on hard power interests, does not preclude competition in other areas. Ultimately, these relations are helping shape a new regional order in the Middle East.

The scramble for the Eastern Mediterranean

The scramble for the Eastern Mediterranean PDF Author: Valeria Talbot
Publisher: Ledizioni
ISBN: 8855265474
Category : Political Science
Languages : en
Pages : 109

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Book Description
Over the past few years, the Eastern Mediterranean has become a major hotspot for both natural gas and geopolitical competition. Natural gas discoveries in the last decade have attracted growing interest from regional countries and beyond. However, recent escalations in tensions and outright confrontations suggest that competition goes beyond the scramble for energy. Indeed, natural gas is just one of the factors that contribute to shaping security and geopolitical dynamics in the Eastern Mediterranean, which has emerged as a crucial strategic area in the broader Mediterranean and the Middle East. Moving from the analysis of these interconnected factors, this Report examines the strategy and the plethora of interests of regional and international players, as well as the interplay between cooperative and competitive dynamics in the region. What are the geopolitical, security, and energy interests of the countries involved? What are the implications on the regional security context of the moves and policies of regional and international powers?

The Future of Natural Gas

The Future of Natural Gas PDF Author:
Publisher:
ISBN: 9789075458824
Category : Energy policy
Languages : en
Pages : 238

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Book Description


Israel’s Mediterranean Gas

Israel’s Mediterranean Gas PDF Author: Sujata Ashwarya
Publisher: Taylor & Francis
ISBN: 0429536232
Category : Social Science
Languages : en
Pages : 218

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Book Description
This book examines the internal and external implications of Israel’s natural gas discoveries in the Eastern Mediterranean. The nation’s changed status from being an importer of coal and oil to that of an exporter of natural gas has consequences not only for the energy sector but also for the fragile geopolitics of the region. The book: Explores the challenges and issues of energy economics and governance; Analyses Israel’s gas diplomacy with its neighbours in the Middle East and North Africa and its potential positive impact on the amelioration of the Arab-Israeli conflict; Studies how Israel can avoid the deleterious impact of the Dutch disease once the government’s share of the export revenues start flowing. The author traces a consummate picture of history, politics, and conflicts that shape the economics of energy in Israel and its future trajectories. A major intervention in Middle East studies, this volume will be of great interest to scholars and researchers of energy studies, development studies, strategic studies, politics, diplomacy, and international relations. It will also be of interest to government agencies, think-tanks, and risk management firms.

Journal of the International Relations and Affairs Group, Volume III, Issue I

Journal of the International Relations and Affairs Group, Volume III, Issue I PDF Author: Daniel Evans
Publisher: Lulu.com
ISBN: 1304399699
Category : Business & Economics
Languages : en
Pages : 182

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Book Description
The Journal of the International Relations and Affairs Group has been a platform to discuss and submit articles related to foreign affairs & global issues such as: Integration, Globalization, Geopolitics, Conflict Resolution, Commerce, Law, Diplomacy, Intelligence Community, Negotiation, Peace Building, Government, Defense, Research, Economics, Business, State Role, IGO, NGO, MNC, Public Policy, Terrorism, and other international issues and problems. Purpose: The Journal of the International Relations and Affairs Group (JIRAG) is a peer reviewed publication to promote research in International Affairs.

The New Geopolitics of Natural Gas

The New Geopolitics of Natural Gas PDF Author: Agnia Grigas
Publisher:
ISBN: 9780674978065
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 412

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Book Description
Cover -- Title page -- Copyright -- Dedication -- Contents -- Introduction: A New Era of Gas -- 1. The Changing Global Gas Sector -- 2. The Politics and Commerce of American LNG Exports -- 3. The Politics of Supply: Russiaand Gazprom -- 4. The Politics of Dependence Transformed: Europe -- 5. The Politics of Transit: Ukraine and Belarus -- 6. The Politics of Isolated Suppliers: The Caucasus and Central Asia -- 7. The Politics of Demand: China and Beyond -- Conclusion -- Notes -- Acknowledgments -- Index

Modern Geopolitics of Eastern Mediterranean Hydrocarbons in an Age of Energy Transformation

Modern Geopolitics of Eastern Mediterranean Hydrocarbons in an Age of Energy Transformation PDF Author: Ozay Mehmet
Publisher: Springer Nature
ISBN: 3030435857
Category : Business & Economics
Languages : en
Pages : 172

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Book Description
This book provides an in-depth assessment of the modern geopolitics of hydrocarbon resources in the territorial waters of the Eastern Mediterranean, highlighting the current conflicts and disputes in the maritime territories of Egypt, Israel, Lebanon, Cyprus, and Turkey. Further, these geopolitical aspects are analyzed within the broader context of the tensions between and competing interests of big powers such as the USA, Russia, and the European Union. To what extent can major powers influence regional actors and guide them toward rational outcomes? To what extent can economic self-interest contain nationalistic impulses? What are the most practical and sustainable ways of promoting win-win scenarios? This book focuses on such questions and presents a number of clear policy guidelines to help the conflict-laden Eastern Mediterranean region gain a more peaceful and sustainable footing for the greater benefit of the peoples living there.