Egypt has made a string of major gas discoveries over the past two months — capped by its biggest find in the Western Desert in 15 years — as the Iran war drives energy demands to record highs, poising Cairo for a return to its role as a major gas export hub.
"I think the new discoveries will help address Egypt's challenging energy balances but are unlikely to be transformational," said Bill Farren-Price, head of gas research at the Oxford Institute for Energy Studies.
