18.4 C
March 25, 2023
Egypt Bulletin

Egypt discovers a large gas field in the Mediterranean – El Molla

In the Nargis block in the eastern Mediterranean, Egypt has discovered a large gas field, according to Petroleum Minister Tarek El Molla. An evaluation is currently being conducted to determine the field’s reserves, he said in a briefing to a parliamentary committee. The Nargis offshore exploration block is one of four offshore exploration blocks in which Chevron and Tharwa Petroleum Co have operating interests in Egypt.

Egypt discovers a large gas field in the Mediterranean - El MollaAccording to the Middle East Economic Survey, the recently drilled well contains 3.5 trillion cubic feet of gas. The Egyptian authorities have declined to confirm the details of the discovery. In 2015, Eni announced the discovery of the giant Zohr gas field, which could help Egypt position itself as an energy hub in the eastern Mediterranean.

Related posts

Oman Sail wins bid to host 2022 RS Venture Connect World Championship

Syrian archer Al-Masry wins five medals at Arab Championship

Mo Salah voted best player in the English Premier League

Swiss Olympic silver medalist Flueckiger has tested positive for doping

Tunisia draws its first round World Cup match against Denmark in Group D

Africa to launch $100-million Super League on Wednesday