Major Gas Discovery Off Egyptian Coast

摘要

Dear Client, Welcome to another edition of the Zeus LNG Report. We appreciate and value your continued loyalty. Here are a few highlights from recent news around the LNG world. Israel must address having the second-largest gas reserve in the Mediterranean now that a major discovery has been made 120 miles off the coast of Egypt. Zohr field, which is estimated to contain 30 trillion cubic feet (Tcf) of natural gas, is 30% larger than Israel's Leviathan and will significamly change regional supply and demand relationships as they currendy stand.