Egypt: 320 trillion cubic feet of gas discovered in Eastern Mediterranean
MEMO | September 23, 2020
The Egyptian Minister of Petroleum and Mineral Resources, Tariq El-Molla, yesterday revealed that 320 trillion cubic feet of gas were discovered in the Eastern Mediterranean region which could turn the area into a global centre for the gas industry.
The seven member states of the East Mediterranean Gas Forum, Egypt, Israel, Cyprus, Greece, Jordan, Italy and the Palestinian National Authority, yesterday officially turned the alliance into a regional organisation headquartered in Cairo.
Speaking at the launching ceremony, El-Molla said the United States wants to join the forum as an observer while France wishes to join as a full member.
The Egyptian Ministry of Petroleum said in a statement that the forum aims to establish a regional market for gas, rationalise the cost of infrastructure and offer competitive prices.
The forum was launched in January 2019 to reinforce cooperation among member states.
However, a spokesman for the Turkish Foreign Ministry, Hami Aksoy, described the forum as an anti-Ankara bloc, adding that transforming it into a regional organisation is “far from reality”.
No comments yet.
Featured Video
Iran’s Next Strike May Not Explode. It Could Shut You Down
or go to
Aletho News Archives – Video-Images
From the Archive
Zionism’s Violent Legacy
By Donald Neff | Washington Report On Middle East Affairs | January 1996
On January 4, 1948, Jewish terrorists drove a truck loaded with explosives into the center of the all Arab city of Jaffa and detonated it, killing 26 and wounding around 100 Palestinian men, women and children.[1] The attack was the work of the Irgun Zvai Leumi – the “National Military Organization,” also known by the Hebrew letters Etzel – the largest Jewish terrorist group in Palestine. The Irgun was headed by Revisionist Zionist Menachem Begin and had been killing and maiming Arabs, Britons and even Jews for the previous ten years in its efforts to establish a Jewish state.
This terror campaign meant that at the core of Revisionist Zionism there existed a philosophical embrace of violence. … continue
Blog Roll
Aletho News- Saudi oil boss issues global supply warning
- Riyadh Says Its Oil System Is Intact. The Numbers Say Otherwise.
- Trump and Netanyahu Want to “Finish the Job” on Iran
- US ‘one-sided dictation’ not Iran’s beliefs makes rational talks impossible: Baghaei
- Iran’s Next Strike May Not Explode. It Could Shut You Down /Col Doug Macgregor
- Iran: US political targets legitimate if assassinations return
- Iraq shuts key border crossing with Iran under US pressure: Report
- Undersea Internet cables could be targeted in retaliation for attacks on Iran: IRGC deputy chief
- EU sending ‘biased’ observers to interfere in Serbian election – president
- White House envoy declares kinetic action against Yemen ‘fruitless’
- If Americans Knew
- Trump’s Intensifying Sabotage of the ICC, for Israel’s Sake
- Israeli military detain US and UK volunteers in West Bank including Democratic NY politician Brad Lander
- Americans at National Conservatism Conference held in Israel this year criticize Israel
- Christiane Amanpour exits CNN with a legacy shaped by the debate over Israel
- Israel’s war on Iran is the final move in a decades-old strategy
- Israel Denies Entry to French Journalist, U.S. Researcher Amid Rise in Entry Denials
- Gaza’s hospitals are running out of life-saving fuel – Daily Update
- Mysterious bot accounts reportedly spread fake ‘man on the street’ videos for Michigan Senate candidate
- Israeli Defense Minister Katz Says Over 60 Lebanon Villages Have Been Destroyed
- Why Is Israel Running TV Ads in Iowa Ahead of the Midterms?
- No Tricks Zone
- E-Cars Reduce CO2 Emissions By Only 41% Compared To Internal Combustion Engine Vehicles
- Predictions Made By Renowned Climate Professor Over Past Decades Have Been Proven To Be Poor
- New Study Suggests Large Regions Of The Pacific Ocean Have Been Cooling For The Last 80 Years
- Germany’s Green Energy Debacle: High Energy Costs Force Kahla Porzellan to Close After 182 Years!
- New Study: 50 Years Of The Most Aggressive ‘Net Zero’ Policies Can Only Affect The Global Climate By 0.03°C
- US September “Heat” Was No Record…Many Records Set Decades Ago
- Latest European Green Energy Debacle; Portugal’s Largest Flagship Solar Park Insolvent!
- Green Energy Debacle: German Expert Professor Fritz Vahrenholt Warns Of Severe Economic And Social Consequences
- Two More Paleo Reconstructions Affirm Meters-Higher Sea Levels Across Ireland, Brazil 7000-6000 Years Ago
- New Study: Earth And Venus Surface Warmth Largely Explained By Convection And Lapse Rate, Not CO2 Or Radiation
Leave a Reply