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New study indicates high potential for gas discoveries in Red Sea

The results of recent geophysical data analysis in the Red Sea carried out by Schlumberger in cooperation with Ganoub El Wadi Petroleum Holding Company (Ganope) revealed a 70% potentiality for new natural gas discoveries according to a seismic survey. A source from the petroleum sector told Daily News Egypt that the analysis have shown that …

Mohamed Adel

Gas production in first four months of this year amounted to 24.6m tonnes

Osama El Bakly, chairperson of the Egyptian Natural Gas Holding Company (EGAS), said that production of gas in the first four months of 2018 reached about 24.6m tonnes. El Bakly told Daily News Egypt that the volume of natural gas consumption reached 24.9m tonnes, whereby the household, electricity, and industry sector account for most of …

Mohamed Farag