Ron Prosser
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- Milken Institute57 min
Redefining the Middle East: A Game-Changing Energy Alternative from the Eastern Mediterranean
Glenn Yago, Senator Landrieu, Lawson Freeman, Ron Prosser, Mehmet Sadam
A Milken Institute panel led by Senator Mary Landrieu and Ambassador Ron Prosor redefined the Eastern Mediterranean as a strategic energy hub, leveraging massive Tamar and Leviathan gas discoveries to transform Israel from an importer into a net exporter. The discussion detailed how a $3 billion Tamar project and emerging reserves in Cyprus and Lebanon are fostering regional integration through export deals with Jordan and the Palestinian Authority while establishing a sovereign wealth fund to diversify Israel's economy. Experts concluded that ensuring fiscal regime stability and transferring US Gulf Coast technology are critical to overcoming political barriers and securing a stable, energy-independent Eastern Mediterranean against Russian influence.