Egypt announces new oil, gas finds in Western Desert, Gulf of Suez


CAIRO, May 13 (Xinhua) -- Egypt's Ministry of Petroleum and Mineral Resources said on Tuesday that three new oil and gas discoveries had been made in the Western Desert and the Gulf of Suez.

One well in the Western Desert showed gas-bearing zones with 253 feet (about 77.1 meters) of net thickness and an estimated 12.5 million barrels of oil equivalent. Testing is underway, alongside plans for a 10-million-U.S.-dollar, 23-km pipeline extension and additional drilling aimed at boosting gas output to 30 million cubic feet per day.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Bus falls into river while boarding ferry in Bangladesh, leaving 24 dead
Analysis-Maduro case to test US narcoterrorism law with limited trial success
Panel wants prosecution of ousted Nepal PM over violence in Gen Z protests
Indonesia military officer steps down following acid attack on activist
Tehran rejects US claims of ‘ongoing, productive’ negotiations
Russian attacks kill two in Ukraine's Kharkiv, damage infrastructure on the Danube
Democrats, Republicans trade blame as major U.S. airports continue to see hours-long security lines
U.S. stocks finish higher on reports over Middle East
From the Frontline: Shattered life inside a forgotten train carriage
North Korea's Kim Jong Un welcomed Belarus President Lukashenko to Pyongyang, KCNA says

Others Also Read