Egypt could become Mediterranean gas hub, says Eni CEO
(AGI) Rome, Oct 14 - Following recent discoveries, Egypt couldbecome a gas hub in the Eastern Mediterranean with an exportcorridor to Europe, said Eni CEO Claudio Descalzi. At a ForeignCommission Senate hearing, Descales said "we discussed ourstrategy in Egypt as part of the Eastern Mediterranean hub,thanks to its infrastructures and its great discoveries, andthe possibility of including and linking Israeli and Cypriotdiscoveries, as well as exports to Italy and Europe." He addedthat Italy's role could grow "because we have theinfrastructures and the storage. We have excess capacity,around 100 billion cubic