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6 New Gas Discoveries Raise Production in Egypt

Source: SIS.gov.eg 9/18/2012, Location: Africa

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Petroleum Minister Eng. Osama Kamal stressed on Monday 17/9/2012 the importance of increasing prospection for gas and oil operations through inviting international tenders.

This was included in the meeting of the General Assembly of the holding gas companies Eng. Mohamed Shoaib head of the holding company said six new gas finds were made in the Mediterranean and Delta contributed to boosting Egypt's daily gas production to reach six billion cubic ft. our total production accounts for five billion cubic ft. per day, scoring an increment of 11 per cent over last year's production the power sectors top other sectors in terms of gas consumption with 85 per cent of total production, the comes industry with 72 per cent, petrochemicals with 21 per cent and household and cars with three per cent.

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