FT: Gas find promises a sea change in the Med

It usual to find an oil or gasfield so big that it can transform an economy.  Last week Eni, the Italian energy group, did just that, trumpeting the discovery of an underwater “supergiant: of Egypt it says could be one of the world’s biggest gas fields.

Zohr is a monster - the largest such find in the Mediterranean.  The field lies far below the seabed in waters almost 1,500 metres deep, but within easy reach of existing infrastructure, making it relatively simple to develop.