The grand energy transition: Eastern Mediterranean, North Africa and Europe
The Eastern Mediterranean region is undergoing a profound transformation as regards the energy sector, in the context of a changing energy landscape in terms of demand, supply and available technologies. The MENA region as a whole is fast becoming a major energy importer, just as the US has already become a major exporter – and possibly a “swing producer” directly affecting world energy prices. Inevitably, various geopolitical considerations come into play along the path to a new equilibrium.