The article reports:
In what could be the largest natural gas discovery in history, Italian energy company Eni says it has unearthed a “supergiant” gas field in the Mediterranean Sea covering about 40 square miles.
The gas field could hold a potential of 30 trillion cubic feet of natural gas. Eni says that’s the energy equivalent of about 5.5 billion barrels of oil. The company won’t know the field’s true size until it begins to develop it.
Eni already has a presence in Egypt and expects to be able to develop the field quickly. It is possible that the field could satisfy the natural gas needs of Egypt for decades to come.
So why is this important? As the wealth from this discovery flows into Egypt, we can expect the Muslim Brotherhood to become more active in the country. Egypt has been one of the few countries in the Middle East to deal with the Muslim Brotherhood successfully. This is somewhat ironic since the Muslim Brotherhood began in Egypt. Egypt has been dealing with the Muslim Brotherhood since 1928. The Brotherhood was responsible for the assassination of Anwar Sadat and played a role in the ousting of Hosni Mubarak. At various times in its history, Egypt has jailed and executed members of the Muslim Brotherhood. Since the Muslim Brotherhood government that was set up after Hosni Mubarak was ousted, Egypt has been moving toward peace with Israel and alliances with western countries. This discovery should mean that Egypt will continue to move in that direction.