Natural Gas World
  • Natural Gas News

    MEE: How Blair’s Egyptian Gas Gambit Advances the Israeli Energy Empire

    old

Summary

The Middle East Eye takes a look at how a deal between Egypt and BP to develop its gas reserves will help Israel in the long-term

by: Erica Mills

Posted in:

Press Notes, Africa

Print This Article

MEE: How Blair’s Egyptian Gas Gambit Advances the Israeli Energy Empire

This week, Egypt signed a landmark $12bn deal with British Petroleum (BP) to develop the country’s offshore natural gas resources. The West Nile Delta project aims to bring the gas onshore for domestic consumption within two years, with a view to help solve the country’s ongoing energy crisis.

But the BP deal, which also includes another British firm, BG Group, and RWE Dea owned by a Russian billionaire, is only one of many currently in play across the region involving Israel. Former British Prime Minister Tony Blair, currently Middle East envoy on behalf of the Quartet (US, UK, EU, Russia), is deeply involved.

Read the full article HERE.

Related Articles