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Accession Number PB2013-110801
Title Eastern Mediterranean Region: Overview of Oil and Natural Gas in the Eastern Mediterranean Region.
Publication Date Aug 2013
Media Count 29p
Personal Author N/A
Abstract The eastern Mediterranean region, defined in this report as Cyprus, Israel, Jordan, Lebanon, Syria, and the Palestinian Territories, is currently undergoing changes to its energy landscape. With expected economic growth, and the population of the region forecast to grow from 45.3 million in 2010 to between 58 and 62 million in 20301, energy demand should increase noticeably over the next two decades. At present levels of consumption, regional oil and natural gas reserves are unlikely to last for more than a few decades. Fortunately, recent discoveries of large hydrocarbon resources, particularly natural gas, in the offshore Levant Basin significantly alter the supply-side forecasts for the region. These discoveries have the potential to provide the necessary energy supply to meet growing regional demand and possibly even spur exports.
Keywords Crude oil
Cyprus
Eastern Mediterranean Region
Energy demand
Israel
Jordan
Lebanon
Natural gas
Offshore deposits
Offshore fields
Oil production
Palestinian territories
Reserves
Syria


 
Source Agency Energy Information Administration
NTIS Subject Category 48A - Mineral Industries
97K - Fuels
68D - Water Pollution & Control
Corporate Author Energy Information Administration, Washington, DC.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1325
Contract Number N/A

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