A Strategic Evaluation Of Energy Security In The Eastern Mediterranean

An Overview of Eastern Mediterranean, Middle East and Energy Issues -- Energy, Energy Resources, Energy Security and its Basic Principles -- Analyzing Energy Security -- The Eastern Mediterranean in the European Union Foreign and Energy Policy -- Energy Security in the Eastern Mediterranean -- Conclusions.

This book aims to provide an overview of crucial aspects related to the interconnection between the political economy of energy security and national security, which is of great importance globally due to high volatility and complexity. In this book, contemporary energy issues in relation to the energy security are examined, along with main vulnerabilities and challenges that have appeared lately with an impact beyond country borders and with a particular focus on the Eastern Mediterranean region. Energy security is studied on both International and European level and finally the Eastern Mediterranean region with special reference to the countries of the State of Israel and the Republic of Cyprus. The rapidly changing geopolitical environment makes energy security one of the critical areas of immediate interest that need a holistic approach. The importance of energy security in the Eastern Mediterranean region is constantly growing and requires the proper vision to enhance security in the region. Energy is now linked to the issues of sustainable development and tackling climate change, which is also taken into account. Finally, this book is expected to contribute to the existing literature and provide an in-depth study that gives a fresh approach to the academic and political community.

Over the past few years, the Eastern Mediterranean has become a major hotspot for both natural gas and geopolitical competition. Natural gas discoveries in the last decade have attracted growing interest from regional countries and beyond. However, recent escalations in tensions and outright confrontations suggest that competition goes beyond the scramble for energy. Indeed, natural gas is just one of the factors that contribute to shaping security and geopolitical dynamics in the Eastern Mediterranean, which has emerged as a crucial strategic area in the broader Mediterranean and the Middle East.Moving from the analysis of these interconnected factors, this Report examines the strategy and the plethora of interests of regional and international players, as well as the interplay between cooperative and competitive dynamics in the region.What are the geopolitical, security, and energy interests of the countries involved? What are the implications on the regional security context of the moves and policies of regional and international powers?

"This monograph provides an overview of recent hydrocarbon discoveries and their significance for the region's resource holders; it also explores the possible implications of these resources for the region's security landscape, their potential to fuel conflict, and options to foster closer regional cooperation and trade integration. It discusses the role U.S. diplomacy and military support could play to ensure continued stability, security, and regional support within the East Mediterranean's shifting geoeconomic framework"--Page x.

The East Mediterranean has been witnessing an unparalleled natural resource boom since the late-2000s, when Israel, followed by Cyprus, made its first significant offshore hydrocarbon discoveries in many years. These discoveries have since proven to be substantially larger than any other resources previously explored in the East Mediterranean Sea. A 2010 U.S. Geological Survey suggests the Levant basin-the area including Cyprus and Israel's offshore zones, and the offshore and some onshore territories of Syria, Lebanon, and the Palestinian Territories-could hold as many as 1.7 billion barrels of oil and up to 122 trillion cubic feet (tcf) of natural gas, leaving as much as two thirds of the region's potential resource base still undiscovered. This book provides an overview of recent hydrocarbon discoveries and their significance for the region's resource holders; it also explores the possible implications of these resources for the region's security landscape, their potential to fuel conflict, and options to foster closer regional cooperation and trade integration. It discusses the role U.S. diplomacy and military support could play to ensure continued stability, security, and regional support within the East Mediterranean's shifting geoeconomic framework.

Combining theoretical reflections and empirical insights from paradigmatic case studies in the area of external energy governance, pipeline politics, Liquefied Natural Gas development and offshore petroleum policy and politics, this ground-breaking study demonstrates that a distinctive and new politics of energy security is definitively emerging in the European Union. Innovative not only in regard to the case studies presented (which include the Caspian region, the Baltic, Mediterrean countries, Central Asia and EU-Russia relations), but also in regard to the analytical framework adopted – an International Political Economy approach informed by an historical institutional perspective – the book challenges the common view of the ‘de-politicisation’ of energy security supported by the mainstream market approach and the power politics and ‘zero-sum game’ view supported by the geopolitical perspective. This book places the study of EU energy politics in the broader, evolving context of global energy markets and explores the complex interactions between EU and national political dynamics and between energy security and environmental concerns at the local level.

Recent developments like the rising trend in crude oil price, the international economic crisis, the civil revolts in Northern Africa and the Middle East, the nuclear threat in Japan after the tsunami, the oil spill in the Gulf of Mexico and the economic growth of emerging countries like China and India have a direct relation to the security of energy supply anywhere in the world. This book provides a comprehensive analysis of energy risks, energy scenarios and energy policies with special reference to the European Union and its member states, emphasizing the economic and geopolitical dimensions of energy security. The book assesses both quantitatively and qualitatively the socioeconomic and political risks related to the European energy supply, together with the EU’s energy relations with other countries. Two innovative indicators have been developed to estimate geopolitical energy risks and energy-related relations with other countries. The book also examines the process of convergence of member states’ energy security policies, the path towards a common European energy policy, and the process of Europeanization projected towards the energy corridors through which the EU receive energy imports. In addition, alternative strategic scenarios related to energy risk are assessed. Finally, guidelines for the EU’s energy policy and new strategies using energy corridors are suggested in order to maximize EU’s energy security. The book should be of interest to students and researchers across a wide range of subjects, including energy economics and policy, energy and foreign policy in the EU, energy policies in EU member states and several aspects related to international political economy.

The relationship between energy and security has been receiving increasing attention over the last few years. Energy literally drives the global economy. Societies rely on it for everything from advanced medical equipment to heating, cooling, and irrigation. Whether it derives from advanced nuclear reactors in developed nations or simple wood stoves in the developing world, energy is recognized as vital to human welfare. It influences our economic, political, and social policies. Possessing or not possessing sufficient energy determines a state's political and economic power. Competition for energy has been, is, and will be a source of conflict. The choices nation-states make when it comes to energy will have a profound bearing on a wide range of security concerns, from nuclear proliferation to climate change.