East Mediterranean Gas Politics: A Third Corridor?
On March 27th and 28th, an important international energy conference was held in Athens involving top officials from the United States, Greece, Israel, Cyprus and other countries. Attendees also included delegations from industry participants, including Noble Energy, which has recently achieved significant gas discoveries in the Eastern Mediterrean.
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Lastly, Richard Morningstar, the US Secretary of State Special Envoy for Eurasian Energy, laid out the strategy of the American side concerning all the above by mentioning that regarding gas exploration in the region there are several legal and political issues that have to be addressed for an indirect signal that Washington pays close attention to Turkish objections.
Moreover, Mornningstar added that all neighboring countries near the fields should be able to benefit from the exploitation of these energy resources. The Ambassador expressed his country's support for the "Southern Corridor" route by objecting to the inclusion of any Russian involvement either as an investor or as a producer source, which extends to the Eastern Mediterranean as well. In parallel, the American side welcomes the potential cooperation between TAP and ITGI, so as to be able to supply the markets of Southeastern Europe.
http://www.naturalgaseurope.com/east-me ... d-corridor