Posted inMiddle East

Mediterranean pipe dream founders on global gas glut

A combination of pandemic-linked economic slowdowns, global over-production and a wave of countries going green is creating pains for global producers. In the Eastern Mediterranean, falling prices and shrinking demand threaten to upend the region’s most ambitious-ever natural gas sector project. The US$7 billion East Med Gas Pipeline (EMGP) – lauded by politicians from Tel […]

%d bloggers like this: