EUROPE GAS DEMAND
The number of natural gas related developments currently progressing or being discussed in the eastern Mediterranean region, brand it as a very exciting region.
Projects which include the construction of pipelines, LNG terminals, storage capacity extensions as well as exploration and production, could very well revolutionize the natural gas market in the region. This is also reflected by the number of projects seeking EU funding from the Connecting Europe Facility and the Juncker Investment Plan. To gain access to these funds, projects need to gain the approval of the European Commission, and be labelled either as Project of Common Interest (PCI) or a Project of Energy Community…
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