“The eastern Mediterranean has become prolific in natural gas,” an executive at E-C Natural Hydrocarbons told Third Bridge Forum. There have been a number of major discoveries in the region since 2000, including in Cyprus, Israel, Egypt, Turkey and Greece, the expert said. In Cyprus there have been three discoveries; Aphrodite with 120-130bn cubic metres of natural gas, Glafcos with between 140-230bn cubic metres, and Calypso, the amount of which is still unclear. In Turkey, just over 400bn cubic metres have been discovered in the Black Sea, we were told, while in Egypt, gas has also been found in the Zohr field.
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