The West Expands Its Presence In Key Egyptian Gas Sector

The West Expands Its Presence In Key Egyptian Gas Sector

OilPrice.com

Published

One of the largest Western investors in Egypt’s energy sector, Italy’s Eni, has announced that it is to drill new wells in the country’s flagship Zohr field, the largest gas field in the Mediterranean. This aligns with the West’s energy development strategy in the aftermath of Russia’s 24 February 2022 invasion of Ukraine. At that point, three things became much clearer to the core Western NATO members of the U.S., U.K., and France. First, short-term gas supplies would have to be secured urgently so that Russia would…

Full Article