Introduction
The exploration and exploitation of hydrocarbons resources in the Eastern Mediterranean have played an important role in regional dynamics for several reasons.1 First, the Eastern Mediterranean holds substantial natural gas potential. The total volume of discovered gas reserves in the region is similar to that of Norway. Around half of that volume, which is equivalent to Azerbaijan’s current gas reserves, was discovered in the past decade. When the assessments for undiscovered resources are also considered, the region’s total gas potential is equivalent to that of the North Sea, making the Eastern Mediterranean region an exciting exploration frontier.
