Rumor

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  • Egypt: ENI’s Zohr, a boost for political stability
    http://www.mesp.me/2015/09/06/egypt-enis-zohr-a-boost-for-political-stability-in-egypt

    Regardless if it is correct or not, the discovery of Zohr is already perceived, in Egypt and beyond, as the result of the measures taken to reform the gas sector over the past year. As such, it is a boost for President Sisi. But the reasoning goes both ways: Political stability in Egypt relies on the performance of its energy sector, and putting the energy sector back on track relies on political stability. ENI’s discovery couldn’t have come at a better time for Sisi: On 30/08, Egypt announced it will hold parliamentary elections in October and November 2015. The intense media coverage will make sure Egyptians will head to polls with two “spectacular” achievements directly attributed to Sisi in mind: the inauguration of the new Suez canal, and the discovery of Zohr.

    #Egypte #gaz