Large gas field discovery brings Egypt closer to energy hub goal
A newly discovered gas field is making Egypt's energy exporter hub vision more of a reality.
A new gas field was recently discovered in the Nargis block of the eastern Mediterranean. Egypt hopes the new discovery will help it reach its aspiration of being a central energy exporter in the region.
Egypt’s Petroleum Minister Tarek El Molla made the announcement last week but didn’t specify details of the find in the Nargis block.
