Energy crisis: A new dynamic in the Middle East
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11/8/2022
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Historic agreements were reached between Israel and the Arab world.
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Though the war strikes again in Europe and
plunged the world into an unprecedented energy crisis, the Middle
East has recently experienced changes which had significant impacts on the
people of the Middle East. This new dynamic could well help us facing the worldwide
crisis and the energy challenges.
Historic agreements were reached between Israel and the Arab
world. The Abraham Accords clearly demonstrates that when Israel's neighbors are
willing to enter a dynamic of cooperation with Israel in a genuine, pragmatic,
and peaceful manner, solutions can be found that are mutually beneficial.
The visit of the President of the EU’s commission to Israel
and Egypt in June 2022 is another example of a new cooperation framework. Due
to the energy crisis, Europe had to turn to new suppliers in the field of
energy and this led to a trilateral deal between Israel, the EU and Egypt,
whereby Israel will export natural gas to the EU via Egypt.
The Maritime Agreement between Israel and Lebanon, which has
been signed at the end of October, produced a binding and
internationally-recognized agreement that formally ends a protracted maritime
dispute in the eastern Mediterranean. Importantly, it delimits the maritime
boundary between Israel and Lebanon from the five-kilometer mark to the far
edge of the exclusive economic zone. The maritime agreement also functions as
the first de-facto recognition of Israel by Lebanon, which has a long-standing
policy of animosity towards its southern neighbor. This mutual recognition
between the two enemy states offers another example of the changing Middle
East.: Finally, this agreement will also contribute to the stability of Lebanon
as it will allow the country to explore gas fields and hence increase its
incomes.
In parallel, the exploitation of the Karish gas field by
Israel will reinforce Israel’s status as a strategic partner for reducing the
EU’s dependence on Russian gas. In a changing Middle East, Israel can and is willing to
contribute to the EU’s energy sovereignty by supplying natural gas through
disruptive multilateral agreements.
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