EAMGM II – Euro-Arab Mashreq Gas Market Project
Supports the development of an integrated gas market in order to create a regional gas market and as a step towards integrating with the EU gas market
Egypt, Iraq, Jordan, Lebanon, Syria, Turkey
Timeframe: 2010-2013
Budget: €5 million EU contribution
Objectives
The project aims at improving regional integration of the energy market, in general, and of the gas market in particular, in the Partner Countries, in order to achieve legislative and regulatory harmonization amongst themselves and with the EU. During the first phase (EAMGM I), Iraq and Turkey participated as observers. In EAMGM II, Iraq is a full partner.
What does it do?
Its main activities comprise assistance for preparatory legislative work and regulatory reforms, as well as studies, including network development surveys and updates of the Gas Master Plan. It also undertakes detailed economic and financial analysis for key investments, inter alia providing expert advice to determine which feasibility studies by International Financial Institutions (e.g. European Investment Bank) would be necessary; training activities and study tours, including advanced training on regulation, legislation and management issues. Capacity and institutional building with the relevant energy stakeholders is also part of its activities. The project undertakes studies to expand the Arab Gas Pipeline, including connection to additional national networks, and contributes to developing gas flows among the Mashreq countries concerned, as well as to the EU.
Actions in brief
- Supports legislative and regulatory harmonisation in the energy sector amongst Partner Countries and with the EU.
- Undertakes studies to expand the Arab Gas Pipeline and contributes to developing gas flows.
- Promotes harmonisation of technical standards and specifications among Partner Countries’ gas networks and with those of the EU.
- Establishes efficient and sustainable management of the gas sector.
- Cooperates with other energy-related initiatives/projects supported by the the EU, EU member states and other donors.
EU Cooperation with Syria is currently suspended due to the political situation in the country; however, since in principle Syria is eligible for cooperation under the ENPI, activities may be taken up again once the situation improves.
http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/EN/foraff/122168.pdf
http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/EN/foraff/122168.pdf
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