As one brother aptly described it; “This is huge. It’s almost too perfect. It’s what we have been waiting for.”
What is it? If you havent already heard, Egypt has discovered what is likely to be the biggest gas field in the world.
Why is this significant? Because in Daniel 11, the King of the North invades Egypt to take her precious gold and silver.
Up till recently, Egypt didnt seem to have anything that would be of significant value to Russia, but now they do.
For almost two centuries the brotherhood have wondered what it is that Russia might want from Egypt.
We are a generation who are very blessed to be able to witness the awakening of Daniel 11 – the Invasion of the King of the North.
He (the King of the North: Russia) shall stretch forth his hand also upon the countries: and the land of Egypt shall not escape.
But he shall have power over the treasures of gold and of silver, and over all the precious things of Egypt
Italian energy giant Eni has announced on its website that it has found a “supergiant” gas field at their Zohr Prospect in the deep waters of Egypt in the Mediterranean, claiming it “could become one of the world’s largest natural-gas finds.”
It added that this is “an important day” for the company, as well as for Italy and Egypt, as it could fuel Italy’s economic development and “will be able to ensure satisfying Egypt’s natural gas demand for decades.”
“It’s a very important day for Eni and its people. This historic discovery will be able to transform the energy scenario of Egypt,” Claudio Descalzi, chief executive of Eni, said in a statement.
The field is located about 80 miles (129 kilometers) off the Egyptian coast, 1,450 meters below the surface.
According to Eni’s press-release, the discovered gas field, which covers an area of around 100 square kilometers, could contain about “30 trillion cubic feet of lean gas”(849 billion cubic meters of gas or 5.5 billion barrels of oil equivalent).
Even more oil could be found at the field during the course of further exploration, potentially amounting up to 40 trillion cubic feet (1.1 trillion cubic meters), Claudio Descalzi told Financial Times.
“I think we can discover more,” he said.
In June, Eni struck a $ 2 billion deal with the Egyptian oil ministry allowing it to carry out exploration in Sinai, the Gulf of Suez, the Mediterranean and areas in the Nile Delta.
Claudio Descalzi stressed that “Egypt still has great potential” in the energy field.”
“Important synergies with the existing [Egyptian] infrastructures can be exploited, allowing us a fast production startup,” he added.