Since the outbreak of the Russian-Ukraine war, diversification of energy supplies, especially natural gas, has become a top priority among European governments. Thus, the wider Mediterranean region, from the coasts of Western Africa to the Caspian area, played a vital role toward energy security along with key actors in the global LNG market such as the United States and Qatar. In this context, Italy managed to turn the energy crisis into an opportunity, stimulating new energy partnerships but broadening their scope, setting the foundation for deeper integration and cooperation among the two shores in the field of energy security, competitiveness and decarbonization. Replacing approximately 30 billion cubic metres (bcm) of gas previously sourced from Siberian fields required a significant effort. Italy succeeded in this objective primarily by leveraging its strategic position in the Mediterranean — a role further enhanced by the increase in LNG import capacity. Moreover, with its huge renewable potential such as solar power, the region could become an important market for cross-border interconnections but also for “green” hydrogen projects, leveraging existing infrastructures. In this direction, private investments supported by de-risking mechanisms through development banks are essential to deliver solid commitments toward the transition. This Forum aims to discuss the main impacts of three-years of energy diversification in the region, including its geopolitical and economic implications for partnering countries engaged in the Mediterranean region. The event will gather representatives of institutions, private sector and research organizations involved in the energy landscape.