The eastern Mediterranean, better known for strife and conflict, has become a hive of prospecting activity. Israel was once at the mercy of volatile, largely unfriendly neighbors for fuel supplies but now has enough natural gas for itself and to sell to others. Egypt boasts facilities that can process and export natural gas both from its own field, the largest in the region, as well as its new gas-rich neighbors. Tiny Cyprus is grappling with how to best exploit newly discovered natural gas fields off the shores of the long-divided island. And Greece has joined the oil and natural gas search, hoping for another bonanza in its waters after a bruising decade of economic depression.

Source: Los Angeles Times March 12, 2019 09:56 UTC