Egypt Makes 53 New Oil And Gas Discoveries In 2022

January 19, 2023/in /by Rudolf Huber

If Egypt could only reform its antiquated governmental and economic system a little bit, it would have a lot going for it. Plenty of new energy resources, plenty of space to grow, positive population growth, outstanding opportunities for even new touristic ventures, and closeness to Europe. Also, the best rail system on the African continent and a river that could be made into an artery for brown water trade once more. Imagine a shipping channel on the coast from the Nile river mouth to the Suez channel. It’s high on my “places to be” list for the next 20 years.

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