Why Egypt’s Oil And Gas Discoveries Are Crucial For The Region ...Middle East

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Why Egypt’s Oil And Gas Discoveries Are Crucial For The Region
source : OILPRICE ( Middle East ) () 35
Since Russia invaded Ukraine on 24 February 2022, the West has been scrambling to find reliable sources for consistent oil and gas supplies to compensate for those lost from Russia. At the same time, and cognisant of this dire need, China and Russia, have done their utmost to deny the West any such opportunities. An additional crucial factor at play in this element of the new global oil market order, as analysed in depth in my new book of that name, is that China and Russia want to expedite the creation of a pan-Arabic ‘unified power…

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