Abstract
The natural gas present in the Levant Basin is an energy source of primary importance not only for the states bordering the eastern Mediterranean Sea, but for the European Union as well. Nevertheless, natural gas in this stretch of sea has so far been scarcely exploited, mainly because of the geopolitical tensions that have affected the region for at least a century. Against this context, the present contribution analyzes the normative and regulatory trends among the countries situated to the west of the Levant Basin and the European Union, closely examining the current and potential role played by MedReg, the Association of Mediterranean Energy Regulators, to evaluate the adequacy of current methods of cooperation in energy exchanges.
Full PaperPaolo Davide Farah
Founder, President and Director
Professor Paolo Davide Farah is Founder, President and Director of gLAWcal – Global Law Initiatives forSustainable Development, Full Professor(with tenure) at West Virginia University, Eberly College of Arts and Sciences,John D. Rockefeller IV School of Policy and Politics, Department of Public Administration and “Internationally Renowned Professor/Distinguished Professor of Law” (Full Professor level) at Beijing Foreign Studies University (BFSU), Law School, Beijing, China.
Riccardo Tremolada
Research Associate
Since March 2013, Riccardo has been a Research Associate at gLAWcal – Global Law Initiatives for Sustainable Development. Riccardo works as an Associate at Cleary Gottlieb Steen & Hamilton LLP. He joined the firm in Rome in 2013 and was resident in the Milan office in 2017 and in the Washington D.C. office in 2018.
Summary
The natural gas present in the Levant Basin is an energy source of primary importance not only for the states bordering the eastern Mediterranean Sea, but for the European Union as well. Nevertheless, natural gas in this stretch of sea has so far been scarcely exploited, mainly because of the geopolitical tensions that have affected the region for at least a century. Against this context, the present contribution analyzes the normative and regulatory trends among the countries situated to the west of the Levant Basin and the European Union, closely examining the current and potential role played by MedReg, the Association of Mediterranean Energy Regulators, to evaluate the adequacy of current methods of cooperation in energy exchanges.