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7/29/2019 Natural Gas Export Options for Israel and Cyprus
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MEDITERRANEAN PAPER SERIES 2013
NATURAL GAS EXPORT OPTIONS
FOR ISRAEL AND CYPRUS
Simon Henderson
http://www.gmfus.org/7/29/2019 Natural Gas Export Options for Israel and Cyprus
2/21
2013 Te German Marshall Fund o the United States. All rights reserved.
No part o this publication may be reproduced or transmitted in any orm or by any means without permission in writing
rom the German Marshall Fund o the United States (GMF). Please direct inquiries to:
Te German Marshall Fund o the United States
1744 R Street, NW
Washington, DC 20009
1 202 683 2650
F 1 202 265 1662
GMF Paper Series
Te GMF Paper Series presents research on a variety o transatlantic topics by sta, ellows, and partners o the German
Marshall Fund o the United States. Te views expressed here are those o the author and do not necessarily represent the
views o GMF. Comments rom readers are welcome; reply to the mailing address above or by e-mail to [email protected].
About GMF
Te German Marshall Fund o the United States (GMF) strengthens transatlantic cooperation on regional, national, and
global challenges and opportunities in the spirit o the Marshall Plan. GMF does this by supporting individuals and institu-
tions working in the transatlantic sphere, by convening leaders and members o the policy and business communities,
by contributing research and analysis on transatlantic topics, and by providing exchange opportunities to oster renewedcommitment to the transatlantic relationship. In addition, GMF supports a number o initiatives to strengthen democra-
cies. Founded in 1972 as a non-partisan, non-prot organization through a gi rom Germany as a permanent memorial to
Marshall Plan assistance, GMF maintains a strong presence on both sides o the Atlantic. In addition to its headquarters in
Washington, DC, GMF has ofces in Berlin, Paris, Brussels, Belgrade, Ankara, Bucharest, Warsaw, and unis. GMF also has
smaller representations in Bratislava, urin, and Stockholm.
About the Mediterranean Policy Program
Te Mediterranean Policy Program promotes transatlantic analysis and dialogue on issues aecting Southern Europe, North
Arica, the Levant, and the Mediterranean basin. Priority areas include: understanding trends in Mediterranean societies;
exploring opportunities or south-south cooperation and integration; research on key unctional issues aecting Mediter-
ranean security and development; and strengthening the North American policy debate on the region and transatlantic
cooperation on Mediterranean strategy.
GMFs Eastern Mediterranean Energy Project addresses the political and economic implications, risks and opportunities
o the recent energy discoveries in the Eastern Mediterranean region. It aims to promote the conditions or the peaceuldevelopment o the new energy opportunities in the Eastern Mediterranean and to promote regional cooperation on energy
issues. See more at: www.gmus.org/programs/climate-energy
Cover photo: Gas tanker loading in port, Japan. Oldmaster
http://www.gmfus.org/http://www.gmfus.org/programs/climate-energyhttp://www.gmfus.org/programs/climate-energyhttp://www.gmfus.org/7/29/2019 Natural Gas Export Options for Israel and Cyprus
3/21
Natural Gas Export Options for Israel and Cyprus
Mediterranean Paper Series
September 2013
S H
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7/29/2019 Natural Gas Export Options for Israel and Cyprus
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Natural Gas Export Options for Israel and Cyprus 1
Executive Summary
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Natural Gas Export Options for Israel and Cyprus 3
1Introduction
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The German Marshall Fund of the United States4
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Natural Gas Export Options for Israel and Cyprus 5
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The German Marshall Fund of the United States6
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Natural Gas Export Options for Israel and Cyprus 7
Israel
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10/21
The German Marshall Fund of the United States8
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Natural Gas Export Options for Israel and Cyprus 9
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6Export Options
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12/21
The German Marshall Fund of the United States10
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7/29/2019 Natural Gas Export Options for Israel and Cyprus
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Natural Gas Export Options for Israel and Cyprus 11
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The German Marshall Fund of the United States12
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A Floating LNG (FLNG) plant in the
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Natural Gas Export Options for Israel and Cyprus 13
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Cyprus27
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The German Marshall Fund of the United States14
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Liquefied Natural Gas (LNG)
LNG plant on the southern coast at Vassilikos:
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field and, also, Israeli fields:
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Natural Gas Export Options for Israel and Cyprus 15
I , , gg T g
.
7/29/2019 Natural Gas Export Options for Israel and Cyprus
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The German Marshall Fund of the United States16
6Electricity
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http://www.financialmirror.com/news-details.php?nid=30669http://www.financialmirror.com/news-details.php?nid=306697/29/2019 Natural Gas Export Options for Israel and Cyprus
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Natural Gas Export Options for Israel and Cyprus 17
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gg
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g g
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g g . T
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7Conclusion
7/29/2019 Natural Gas Export Options for Israel and Cyprus
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The German Marshall Fund of the United States18
8Technical Note
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http://www.eia.gov/naturalgas/weekly/%23tabs-prices-2http://%20http/www.marketwatch.com/story/platts-asia-spot-lng-prices-for-august-delivery-gain-68-on-supply-disruptions-2013-07-19http://%20http/www.marketwatch.com/story/platts-asia-spot-lng-prices-for-august-delivery-gain-68-on-supply-disruptions-2013-07-19http://%20http/www.marketwatch.com/story/platts-asia-spot-lng-prices-for-august-delivery-gain-68-on-supply-disruptions-2013-07-19http://%20http/www.marketwatch.com/story/platts-asia-spot-lng-prices-for-august-delivery-gain-68-on-supply-disruptions-2013-07-19http://%20http/www.marketwatch.com/story/platts-asia-spot-lng-prices-for-august-delivery-gain-68-on-supply-disruptions-2013-07-19http://%20http/www.marketwatch.com/story/platts-asia-spot-lng-prices-for-august-delivery-gain-68-on-supply-disruptions-2013-07-19http://www.eia.gov/naturalgas/weekly/%23tabs-prices-27/29/2019 Natural Gas Export Options for Israel and Cyprus
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