--> --> Exploration and Development of Siliciclastic and Carbonate Reservoirs in the Eastern Mediterranean

AAPG Africa Region, The Eastern Mediterranean Mega-Basin: New Data, New Ideas and New Opportunities

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Exploration and Development of Siliciclastic and Carbonate Reservoirs in the Eastern Mediterranean

Abstract

Keywords: Carbonates, Siliciclastic, Eastern Mediterranean, Energy hub, Gas fields. Recent large gas discoveries off-shore Israel, Cyprus and Egypt highlight the Eastern Mediterranean area as a hot spot for global exploration. Zohr is not the only gas field in Egypt, but West Nile Delta (WND), Nooros and Atoll are all important gas fields that add to the national gas production. The source of this poster is a graduation project aims at developing the student’s ability to search for the required data through published researches, websites and companies to get the answers for the following questions: 1- Can Egypt become main energy hub in Middle East? 2- Can Israel compete in natural gas race? Published data covering the complex geology and hydrocarbon potential of the main gas fields in study area have been collected and analyzed. Global LNG prices have risen to a level that makes exports via the Egyptian LNG facilities economic once more. Egyptian companies have already stuck $15 billion deal for the import of Israel natural gas. Egypt intends to attract additional resources such as Cypriot gas to become the energy and LNG hub of the region. Egypt is qualified to be a regional hub for energy and LNG hub due to its liquefying plants, pipeline grids, Warehousing, transportation, trading of petroleum and gas products and ports overlooking the Mediterranean and the Red Sea and refineries.