Even as much has been written about the regional and global actors pursuing their pitiless agendas in Syria, one sub-plot in the vicious drama has remained relatively unexplored. And that is the gas resource and its routes from production to the market.
The past five years have seen discoveries of immense energy reserves in the Eastern Mediterranean; both the Levant Basin located along the shores of Syria, Lebanon, Israel, Gaza and Cyprus and the Nile Basin north of Egypt. According to preliminary geological surveys, the Levant Basin contains 3.5 trillion cubic meters (tcm) of gas and 1.7 billion barrels (bb) of oil. The Nile Basin contains 6 tcm of gas and 1.8 bb of oil. Continue reading