eastern-mediterranean-natural-gas-discoveries

 

A string of sizable natural gas discoveries has been made in the eastern Mediterranean Sea over the past decade, and Egypt is working to ensure that it reaps the benefits. As the promise of eastern Mediterranean energy draws in significant amounts of foreign investment, Egypt hopes to become the center of regional natural gas development. Most analysts believe it will be successful, since without Egypt’s existing natural gas infrastructure and large consumer market, many of the projects under consideration would be neither economical nor feasible.