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News & Current Events Apr 9, 2026 at 6:11 AM

Gas discovery off Egypt's coast comes at a critical moment for Iran war

Posted by rulugg

Gas discovery off Egypt's coast comes at critical moment for Iran war
euronews
Gas discovery off Egypt's coast comes at critical moment for Iran war
ENI and Egypt have announced a significant gas discovery in the Eastern Mediterranean — a potential boost for Cairo as the Iran war sends energy import costs rocketing.
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Dark_World_Blues Apr 9, 2026 +56
Congratulations. I wish a better future for Egypt.
56
Crypt33x Apr 9, 2026 +9
They just landed on a US competitor list. Usually it doesn't end well for countries selling the same fossil fuels if they not already super powers.
9
nvbtable Apr 9, 2026 +33
It's miniscule on a global scale. This is 2 Tcf of gas. In comparison, Qatar has 800+ Tcf of gas which is why the closure of its LNG terminal is impacting global electricity prices. The US Marcellus shale has more than 2 Tcf of new gas reserves drilled and commercialised each year.
33
lestofante Apr 9, 2026 +7
Good, so Europe won't simply change a supplier with another, but actually build a fossil fuel free infrastructure.
7
Dingcock Apr 9, 2026
I doubt there are very undiscovered gas fields the size of Qatars at this point, if any at all.
0
obj7777 Apr 9, 2026 +20
Damn, is Egypt looking from some freedom too?
20
Expensive-Rhubarb-45 Apr 9, 2026 +7
Its gas not oil.
7
haloweenek Apr 9, 2026 +2
Hydrocarbons, liquid or gas form are still - Hydrocarbons 🤭
2
FKFnz Apr 9, 2026 +9
Hydrocarbons.
9
haloweenek Apr 9, 2026 +1
Lol, yes :) Pastry kicked in ....
1
anony_mous_redditor Apr 9, 2026 +2
Listnook iq
2
aviemzur Apr 9, 2026 +3
They're already on US aid
3
cosmicrae Apr 9, 2026 -4
How many global governments would fall, if the USA suddenly no longer had the fiat to spread around ?
-4
aviemzur Apr 9, 2026 +2
I don't know about fall. Maybe find new patrons.
2
Not-a-Kitten Apr 9, 2026 +4
I drink your milkshake!!!
4
ammobandanna Apr 9, 2026 +19
we need LESS reliance and extraction of fossil fuels not more for fucks sake....
19
Dingcock Apr 9, 2026 +5
The discovery of a tiny gas field off the coast of Egypt isn't going to make anyone reliant, not even Egypt itself.
5
nosfer82 Apr 9, 2026 +3
Irans nuclear power , is not the oil. It's the fertilisers they control though the straits. Hole world will go hungry cause of  USA and Israel. For anyone blaming Iranians, I remind you that 2 days ago was threatened with " destruction of civilization" they do what they have to do.
3
Defiant-Code7676 Apr 9, 2026 +5
It's all discovered, they just won't tell until needed to keep scarcity 
5
candianbastard Apr 9, 2026 +3
Next step. Supply weapons and fund resistance group in Egypt to create chaos to make US daddy look like a saviour
3
haloweenek Apr 9, 2026 +2
I’d be rather worried with 2 US carrier groups in close vicinity 🤭
2
VanbyRiveronbucket Apr 9, 2026 -1
One of them has no beds or toilets.
-1
Ultra_Metal Apr 9, 2026 +1
Good. This makes the strait of Hormuz less important and it also takes business away from Russia, Iran and Qatar.
1
NEOK53 Apr 9, 2026 +1
*Trump has joined the conversation*
1
Fantastic-Corner-605 Apr 9, 2026 +1
Egypt(looking at the aircraft carriers right off its coast): sweating profusely
1
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