A natural gas discovery off the Egyptian coast and recent cooperation with Cyprus could translate to European energy security, Italian energy company Eni said. Eni Chief Executive Officer Claudio Descalzi hosted European Commissioner for Energy and Climate Action Miguel Arias Canete in Rome to discuss regional energy issues. Descalzi said connecting regional markets and ensuring future supplies could help ensure European energy demands are met without interruption. “Eni’s super giant gas discovery offshore Egypt, along with other important discoveries made in recent years offshore Israel and Cyprus, will allow the East Mediterranean gas hub to contribute significantly to European energy security,” the company said in a statement on the meeting. Descalzi met last week with Cypriot President […]