UPI: Eni Reinvigorated by Egyptian Gas Potential

Italian energy company Eni said it was strengthening its commitment to Egypt following the discovery of significant gas deposits in the Nile Delta.

Eni Chief Executive Officer Claudio Descalzi met in Rome with Egyptian Energy Minister Sherif Ismail and Egyptian Prime Minister Ibrahim Mahlab to update agreements signed in March. The Italian energy company said it was strengthening its commitments following what it described as a "significant" gas discovery in the Nile Delta.

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