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Euronews

Una Hajdari

Gas discovery off Egypt's coast comes at a critical moment for Iran war

Egypt Iran Eni Cairo Mediterranean Iran War the Eastern Mediterranean

Italian energy giant ENI and Egypt have announced a significant natural gas discovery in the Eastern Mediterranean, offering Cairo and the wider European continent a potential lifeline as the Iran war sends energy import costs soaring.

Preliminary estimates point to around 2 trillion cubic feet of gas in the Temsah field off Egypt's Mediterranean coast, ENI said in a statement on Tuesday.

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