{"id":5417,"date":"2021-02-17T15:19:13","date_gmt":"2021-02-17T15:19:13","guid":{"rendered":"https:\/\/euromenaenergy.com\/?p=5417"},"modified":"2021-02-17T15:19:13","modified_gmt":"2021-02-17T15:19:13","slug":"biden-presidency-offers-new-opportunities-to-unlock-east-med-gas","status":"publish","type":"post","link":"https:\/\/emimer.com\/?p=5417","title":{"rendered":"BIDEN PRESIDENCY OFFERS \u2018NEW OPPORTUNITIES\u2019 TO UNLOCK EAST MED GAS"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-5423\" src=\"http:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/2AED-1024x243.png\" alt=\"\" width=\"640\" height=\"152\" srcset=\"https:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/2AED-1024x243.png 1024w, https:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/2AED-300x71.png 300w, https:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/2AED-768x182.png 768w, https:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/2AED-1536x365.png 1536w, https:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/2AED.png 1950w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>ATHENS, Greece: The post-COVID world will still need natural gas from the Eastern Mediterranean, and America\u2019s new president may have just the right credentials to overcome diplomatic obstacles, a veteran of the regional energy scene told a conference in Athens on<br \/>\nWednesday.<\/p>\n<p>Roudi Baroudi, CEO of Energy and Environment Holding, an independent consultancy based in Qatar, told the first day of the Athens Energy Dialogues that Biden had several qualities that might enable him to break up the logjam.<\/p>\n<p>\u201cBiden in the past has demonstrated considerable understanding of issues affecting the Eastern Med, as well as\u00a0a perspective that emphasizes legal and diplomatic solutions,\u201d Baroudi said in remarks delivered by video link. In addition, he told an audience including key energy, finance, and government figures, the new president \u201chas already articulated a determination to reassert some of Washington\u2019s key prerogatives on the international stage. These include its traditional stabilizing role in the Mediterranean, as well as its championing of NATO, which happens to include both Greece and Turkey, after four years of Donald Trump undermining the alliance at every opportunity.\u201d<\/p>\n<p>Recent discoveries of offshore oil and gas have brought long-simmering Greco-Turkish tensions back to the front burner, with Ankara becoming much more assertive about its maritime claims, especially where these overlap with those of Greece and Cyprus.<br \/>\nBaroudi, who for years has championed cooperation in energy as a way of defusing tensions among several East Med countries, has recently written a book about how to settle competing claims in the region. Specifically, \u2018Maritime Disputes in the Eastern Mediterranean:<br \/>\nThe Way Forward\u2019 examines the tools and templates laid down in the United Nations Convention on the Law of the Sea (UNCLOS).<\/p>\n<p>UNCLOS, he told the audience, \u201cprovides all the tools and procedural bases for the peaceful resolution\u201d of rival claims. \u201cBiden\u2019s resurrection of a more conventional US foreign policy means new opportunities for Greece, Turkey, and other countries in the region<br \/>\nto chart out a more cooperative and more productive future,\u201d Baroudi added. \u201cThe prizes in this endeavor include not just a reduction of tensions and the facilitation of billions of dollars worth of energy sales and savings, but also a crucial component of the region\u2019s transition<br \/>\nto a lower-carbon future.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5420\" src=\"http:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/a09a0695-68f4-4020-871e-af5fef1d5b17-731x1024.jpg\" alt=\"\" width=\"257\" height=\"360\" srcset=\"https:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/a09a0695-68f4-4020-871e-af5fef1d5b17-731x1024.jpg 731w, https:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/a09a0695-68f4-4020-871e-af5fef1d5b17-214x300.jpg 214w, https:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/a09a0695-68f4-4020-871e-af5fef1d5b17-768x1076.jpg 768w, https:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/a09a0695-68f4-4020-871e-af5fef1d5b17-1096x1536.jpg 1096w, https:\/\/emimer.com\/wp-content\/uploads\/2021\/02\/a09a0695-68f4-4020-871e-af5fef1d5b17.jpg 1142w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/p>\n<p>With more than 40 years of experience in the energy industry, Baroudi has helped shape policy and investment choices for companies, governments, investors, and supranational organizations like the UN and the European Union. The latter, he explained to reporters after his<br \/>\ntalk, also has a \u201ckey part in keeping the tensions down\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ATHENS, Greece: The post-COVID world will still need natural gas from the Eastern Mediterranean, and America\u2019s new president may have just the right credentials to overcome diplomatic obstacles, a veteran of the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":5422,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,20,22,23],"tags":[46,48,57,68,76,77,82,86,87,90,96,99,103,107,109,111,113,137,139,146,148,160,174,183,184,201,202,209,222,230,232,233,244,246,249,256,262,263,267,277,279,280,285,288],"class_list":["post-5417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-maritime-disputes","category-oil-gas","category-politics","tag-aramco","tag-athens","tag-baroudi","tag-carbon","tag-climate","tag-climate-change","tag-co2","tag-cyprus","tag-decarbonising","tag-democracy","tag-doha","tag-eastmed","tag-egypt","tag-embargo","tag-emissions","tag-energy","tag-energy-peace","tag-gas","tag-gazprom","tag-greece","tag-greenenergy","tag-international-maritime-disputes","tag-lebanon","tag-maritime-boundaries-east-mediterranean","tag-maritime-disputes","tag-offshore","tag-oil","tag-opec","tag-pollution","tag-poverty-alleviation","tag-putin","tag-qatar","tag-rosneft","tag-roudi","tag-russia","tag-saudi","tag-solar","tag-solar-power","tag-straddling-hydrocarbons-reserves","tag-total","tag-trump","tag-turkey","tag-unclos","tag-usa"],"_links":{"self":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts\/5417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5417"}],"version-history":[{"count":0,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/posts\/5417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=\/wp\/v2\/media\/5422"}],"wp:attachment":[{"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emimer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}