Meeting: June 26, 2017: Natural gas developments in the East Med region: Israeli gas assets, proposed pipelines and a case for LNG
This interactive discussion of the Brussels Energy Club addressed the topic of:
"Natural gas developments in the East Med region: Israeli gas assets, proposed pipelines and a case for LNG"
And took place on Monday June 26 2017, 4-8pm @ TUSIAD Avenue des Gaulois, 13, Brussels 1040
With special guest speaker:
Former-Minister of Energy & National Infrastructure of Israel
Member of the Israeli Knesset 1999-2006
Much has happened since our last meeting on East Med gas which took place in the BREC format a couple of years back. New discoveries in Egypt have become the main talking point, while a feasibility study on a new, large scale pipeline linking the region to EU suppliers has been completed. The message from Brussels to the region remains very clear: "Gentlemen: we want your gas". Diversification of supply sources, as was the case when we last met to discuss the East Med area, remains a key tune to which Brussels continues to roll out the lyrics.
But are we any closer to realising East Med gas projects to bolster EU energy security than we were at the time of our last meeting? The jury is still out when it comes to this question. Israel remains bullish on its gas assets and continues to seek a means and ways to realise their exploitation avec international partners. Pipeline projects are currently being discussed, while LNG is becoming perhaps an even more viable option. That said, the discovery of massive new (gas) fields in Egyptian waters may add an air of complexity to the realisation of Israeli projects. Will such projects fly? Which ones will work, and in which direction will the molecules flow? We highly enjoyed this BREC meeting, on June 26, when Israel's former-Energy Minister, Joseph Paritzky, enlightened us on all of this and much more.
Program June 26, 2017: 16.00 — 20.00:
- Arrival of members and guests leading into welcome cocktail
- Setting out the debate by Dr Marat Terterov, Initiator and Founder, Brussels Energy Club,
- Presentation by Joseph Paritzky starting at 16.30
- Special comments on the LNG markets by Wim Groenendijk, Founding Member of the Brussels Energy Club and President of LNG Europe association
- Roundtable discussion with meeting participants (NB: the Chatham House Rule will apply).
- Our traditional networking reception with gala buffet will follow the main discussions
A former Israeli Minister of Energy & National Infrastructure, Joseph I. Paritzky has had a long and distinguished career in law and energy, spanning both the private and public sectors. Reaching the bar in both New York and Israel in the mid-1980s, he was elected to become a member of the 15th Israeli Knesset (Parliament) in 1999. He was re-elected to become a member of the 16th Knesset in 2003, when he also become a member of Prime Minister Ariel Sharon's government, holding the position of Minister of Energy and National Infrastructure (in charge of Energy and Water).
Paritzky was instrumental in developing the natural gas system of Israel and the East Mediterranean more broadly, as well as advancing dramatic reforms in electricity, water, and infrastructure. He initiated the idea of an "Infrastructure Undersea Tunnel" linking Israel and Turkey, and gave licenses to the first private power stations in the state of Israel. He also served as the representative of the Israeli parliament to the NATO Parliamentary Assembly. In 2006 he retired from government and since that time has been working in private investment and business development with a special focus on the gas industry of the region.
Participation in the interactive discussion at TUSIAD venue will be free of charge for members and guests of the Brussels Energy Club. For more information please contact Ben McPherson on email@example.com .