In a previous piece analyzing the EMGF
from a Lebanese perspective published in the February 2019 issue of Executive, it was argued that Lebanon should not respond to this new regional configuration by isolating itself.
The meeting agreed to further the development of EMGF
and to increase cooperation for the promotion and exploitation of natural gas reserves in the East Med and "pave the way for a sustainable regional gas market".
was set up specifically to counter Turkey's illegal claims on the gas of the Mediterranean region.
He told the 9th Nicosia Economic Congress that the region faced many challenges and that was one of the reasons the US and EU supported the EMGF
CARE is in the process of evaluating the event and will take a view on the rating once the implications of the further developments on the overall credit profile of EMGF
He further said that the US participation in EMGF
proves that the two countries are witnessing an era of strong mutual relations, stressing that the MoU will pave the way for more joint cooperation in the energy field between the two countries.
Fannon added that the role of the United States is to push cooperation among the member states of EMGF
in the fields of energy, research, and exploration.
The region faces many "challenges," Lakkotrypis said, which is one of the reasons why the United States and the EU support are supporting the EMGF
will be based in Cairo and will be open for other Eastern Mediterranean countries to join, provided they share the forum's interests and objectives, and the founders of the forum accept their membership.
The Second Ministerial Meeting of the East Mediterranean Gas Forum (EMGF
) was held in Cairo on July 24-25, as per the invitation of H.E Eng.
President Abdel Fattah Al-Sisi, received at the Al-Montazah Palace, Alexandria, the heads of delegations participating in Eastern Mediterranean Gas Forum (EMGF
), in the presence of the Minister of Petroleum and Mineral Resources, Tarek El-Molla .
The formation of the East Med Gas Forum (EMGF
) is progressing, with a constitution being put in place.