Feb 12 β€’ 08:40 UTC πŸ‡ΆπŸ‡¦ Qatar Al Jazeera

Egypt announces new oil discoveries in the Western Desert

Egypt has announced significant new oil and gas discoveries in the Western Desert, adding 34 million cubic feet of gas and 5,200 barrels of crude oil production daily.

The Egyptian Ministry of Petroleum and Mineral Resources announced new oil and gas discoveries in the Western Desert which are expected to yield 34 million cubic feet of gas and 5,200 barrels of crude oil and condensates each day. This announcement reflects ongoing efforts by various companies within Egypt's petroleum sector to enhance energy production capabilities in the region.

Among the notable discoveries is the gas field "North Opra 2," located in the Matrouh development area, which was previously tested and showed a production rate of 12.15 million cubic feet of gas and 3,274 barrels of condensate daily. Additionally, the "West Dabaa 2x" find is reported to produce 4.15 million cubic feet of gas and 336 barrels of condensate daily, further boosting Egypt's energy resources.

These discoveries are significant for Egypt's energy strategy and have implications for the country's energy independence and potential export increases. The success of companies like Khalda Petroleum demonstrates the viability of exploration efforts in the Western Desert, which continues to be a focus for petroleum development as Egypt looks to meet domestic energy demands and expand its role in the regional energy market.

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