Egypt’s 2015 discovery of the supergiant Zohr gas field was supposed to propel the North African country into the Eastern Mediterranean limelight. Within less than 3 years Egypt shed its historical legacy of being a net importer, rekindled its hopes of finally using its existing (and vastly underutilized) LNG infrastructure to the extent it had always wanted and even boosted its licensing activities to ensure a smooth continuation of offshore drilling looking into the 2020s. Even the internal regulatory environment turned for the better –…
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