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Secrets of the Herodotus Basin – Hidden Wealth of Egypt


11 March 2021 (Wall Street International) The famous Greek historian Herodotus, “the Father of History”, had once characterized Egypt as “a gift of the Nile” due to the country’s dependence on the river.
But could he ever imagined that the triangle of unprecedented importance between Egypt, Greece and Cyprus, representing the current hotspot for energy developments, would be named after him and would become a contemporary gift to Egypt?
Herodotus had once characterized Egypt as “a gift of the Nile” | Image fromWall Street International.
Nowadays, when geography and history appear as very important geopolitical factors, such symbolically, the Herodotus Basin, located along Egypt’s northern coastline and forming a down-dip extension to the prolific Nile Delta province, probably shares multiple play elements with the Levantine Basin to the east, thus providing the untapped energy opportunities! ....

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Israel, Egypt May Build Gas Pipeline as They Eye European Market


Feb 22 2021, 10:23 PM
February 22 2021, 1:45 PM
February 22 2021, 10:23 PM
(Bloomberg) Egypt and Israel said they may build an undersea natural-gas pipeline connecting the two countries, as they seek to collaborate on exporting the fuel to Europe.
(Bloomberg) Egypt and Israel said they may build an undersea natural-gas pipeline connecting the two countries, as they seek to collaborate on exporting the fuel to Europe.
The pipeline would link Israel’s huge Leviathan field to Egypt’s liquefied natural gas plants, the countries’ energy ministries said Sunday. Egypt added that the two sides would work on a governmental framework for the pipeline.
The announcement comes as nations in the eastern Mediterranean ramp up investments in offshore gas fields. Egypt is seeking to become a major hub for exporting LNG to Europe, where demand is growing as governments transition from dirtier fossil fuels such as coal and oil. ....

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