The discovery of a world-class supergiant gas field in the waters off Egypt’s Mediterranean coast by Italian state-owned energy producer ENI is another step forward in Italy’s attempt to become an energy hub in southern Europe. Despite the silence of both the Russian government and the Kremlin-controlled oil and gas companies, ENI’s astonishing natural gas find could further dent Italian-Russian energy relations, which have seen moments of tension since the breakout of the Ukrainian conflict early in 2014.
On August 30, ENI claimed to have detected a natural gas deposit at the Zohr Prospect, in Egypt’s offshore Shorouk Block (Eni.it, August …read more
Source: The Jamestown Foundation