At Amaras Institute, our core belief is that economic cooperation serves as the cornerstone for peace and stability across the globe. Drawing on historical precedents, it is evident that fostering economic interdependence and collaboration is paramount in cultivating fruitful relations among nations. Whether through bilateral engagements or regional partnerships, economic ties have consistently proven to be a powerful conduit for not only enhancing mutual prosperity but also for paving the way towards durable peace.
Our approach is rooted in the conviction that through careful analysis, strategic dialogue, and targeted initiatives, it is possible to harness economic interconnectivity as a means to resolve conflicts, bridge divides, and build a foundation for sustained cooperation. In pursuit of these objectives, Amaras Institute dedicates itself to rigorous research, policy innovation, and the facilitation of dialogue among diverse stakeholders. Through these efforts, we aim to contribute to the construction of new structures of cooperation that transcend old barriers, embodying the ongoing process of peace.
Amaras Institute is a visionary think tank dedicated to fostering economic cooperation as a means to promote peace, stability, and prosperity in the Middle East and beyond.
In light of the escalating situation in the Middle East, Amaras Institute is dedicated to uncovering and advocating for innovative solutions to the region’s most pressing challenges. Recognizing the potential for shared economic and energy interests to serve as catalysts for peace and stability, our focus has sharpened on the pivotal role of natural gas discoveries in the Mediterranean, particularly off the coast of Israel. These significant natural gas reserves, including Israel’s Leviathan and Tamar fields, offer a new avenue for regional cooperation, potentially reshaping economic landscapes and fostering unprecedented partnerships.
The Leviathan Gas Field
Israel’s exploration efforts in the Mediterranean Sea have led to transformative discoveries, notably the Leviathan gas field, situated within the Levantine Basin. Identified in December 2010, with Chevron Mediterranean, NewMed Energy, and Ratio Energies as key stakeholders, Leviathan represents a major find with proven and probable gas reserves estimated at 16.27 trillion cubic feet (tcf). Production commenced in December 2019, marking a significant milestone in Israel’s energy sector.
The Karish North Exploration Field
Further compounding these discoveries, Energean has identified additional significant reserves at the Karish North exploration field, with estimates ranging between 28 to 42 billion cubic meters (bcm) of natural gas. This adds to the 45 bcm at Karish and 22 bcm at the Tanin gas field, underscoring the region’s burgeoning potential as a major natural gas hub.
These developments not only enhance Israel’s energy independence but also present substantial opportunities for regional cooperation through energy exports. Agreements to export natural gas to Egypt and other neighboring countries illustrate the geopolitical significance of these discoveries, fostering economic links that could serve as foundations for deeper diplomatic ties.
By harnessing the potential of shared economic interests, particularly in the energy sector, Amaras Institute aims to contribute meaningfully to addressing the challenges facing the Middle East, fostering a climate of cooperation and mutual prosperity.
Here, you will find a curated selection of analyses, reports, and insights from leading think tanks and research institutions:
Offers an in-depth look into Eastern Mediterranean gas discoveries, their potential impact, and the geopolitical complexities surrounding export options including FLNG facilities and pipeline connections to Egypt.
Discusses the East Mediterranean Gas Forum’s significance, highlighting the collaboration among Egypt, Israel, and Cyprus, and the challenges posed by the absence of Turkey and Lebanon from the forum.
Provides analysis on gas diplomacy in the Eastern Mediterranean, emphasizing the limited export potential due to existing reserves and the shifting global energy landscape towards reducing fossil fuel use.
Explores the geostrategic conditions shaped by Israel’s offshore gas reserves, indicating the potential for Israel to become a net exporter of gas and the strategic opportunities this presents for regional and European energy security.
Reflects on the geopolitical considerations affecting pipeline development and LNG exports in the Eastern Mediterranean. It notes the challenges posed by contested maritime boundaries and emphasizes LNG as a viable commercial strategy amidst political uncertainties.
Provides an outlook on Israeli natural gas, discussing the balance between domestic consumption and export potential. It also touches on the diplomatic and strategic implications of gas exports for Israel’s regional relationships, especially with Jordan and Egypt.
Comprehensive analyses and forecasts on global energy trends, including natural gas markets.
The content provided by Amaras Institute on this website is for informational purposes only and is not intended as professional advice. Amaras Institute makes no representations or warranties regarding the accuracy, reliability, or completeness of the information presented. Users are advised to consult a professional before making decisions based on the content found on this site. The views and opinions expressed here do not necessarily reflect those of Amaras Institute.
CONTACT
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10900 NE 4th St Unit 2300, Bellevue, WA 98004, United States
November 2024, Exact Date TBC.
United Arab Emirates
In an era of unprecedented geopolitical change, the inaugural the Amaras Energy Security Conference arrives at a critical conjecture. Scheduled for November 2024, this exclusive event will bring together industry leaders, policymakers, and experts to discuss the critical issues and opportunities surrounding energy security in a rapidly changing geopolitical landscape.
Key Themes Include:
With participation from key stakeholders across the energy, construction, financial services, and security sectors, this event promises a unique opportunity for attendees seeking expert insights, high-level networking, and actionable strategies to navigate the evolving energy landscape.
Featured Sessions
The Amaras Energy Security Conference 2024 aims to provide a platform for high-level dialogue and collaboration on maintaining stable oil and gas prices amidst geopolitical uncertainties. Participants will gain invaluable insights from leading figures in the energy, construction, financial services, and security sectors, and engage in critical discussions on how to maintain stable oil and gas prices amid significant geopolitical shifts.
from across the energy and political landscape.
Senior leaders and decision-makers from 15+ countries.
Due to the exclusive nature of the event, attendance is by invitation only.
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