The eastern Mediterranean will attract great interest from international oil and natural gas companies over the next decade and Egypt is trying to position itself as the region’s energy hub, according to analysis by Stratfor (paywall). Egypt needs to first get its own house “in order,” the piece cautions, and it is unlikely to become the major natural gas exporter that it once was.” Instead, “most of the natural gas Egypt exports in the future will have to come from the stocks it buys from beyond its borders. And for two of its neighbors, Cyprus and Israel, making use of Egypt’s existing LNG facilities is a far better option than sinking the capital required to build new ones.”