Control over a unified Middle Eastern power grid means that China and Russia would be able to exert even more authority in the region
. This is why it is figuratively pulling out all the stops to consolidate its influence there and to keep the country out of China’s and Russia’s sphere of influence. For decades, Egypt was seen by the Arab world as the leading proponent of the ‘Pan-Arab’ ideology that believes enduring strength can only be found in the political, cultural, and socioeconomic unity of Arabs across the different countries that emerged after the two World Wars.
By bringing this leader of the Arab world on side, the U.S. hopes to offset – at least in part - the negative geopolitical impact of long-term ally Saudi Arabia having been lost to the China-Russia bloc. Politically and historically, Egypt is at least as much of a leader in the Arab world as Saudi Arabia has ever been. This had not been lost on China, which through its chief ally in the Middle East, Iran, had long been seeking to draw Egypt into its unified power grid concept.
Chevron, though, is now firmly ensconced in Egypt, and earlier this year discovered a potentially huge offshore gas field there, together with its European partner in the site, Italy’s Eni. Chevron and Eni, which each hold a 45 percent stake in the 1,800 square kilometre Nargis offshore area concession , announced that they had made a new gas discovery in the concession, focused on the Nargis-1 well.
Underscoring that Egypt is now regarded as a key new ally to the Western Alliance of the U.S. and Europe was the announcement by the British oil and gas giant Shell that it is to begin the development of the tenth phase of Egypt’s Nile Delta offshore West Delta Deep Marine concession in the Mediterranean Sea.
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