Egypt To Drill 11 Gas Wells To Boost Output To 160 Bln Feet

2025-07-07 05:04:36

(MENAFN- Kuwait News Agency (KUNA)) CAIRO, July 7 (KUNA) -- Egypt plans to drill 11 wells projected to produce 160 billion feet of natural gas with an average daily output of 100 million cf of gas and 2,000 barrels of condensates.
The ministry of Petroleum and Minerals said in a press release on Monday that Minister of Petroleum Karim Badawi had visited "Bijona-2" well in Daqahliya Governorate. Drilling there is in line with the "neo el menzala" concession, operated by El-Wastani Petroleum in partnership with Dana Gas.
The statement has indicated that preliminary projections have shown that the Bijona well holds nine billion cubic feet of gas, affirming that its projected output would contribute to diversifying the natural gas resources.
The ministry is seeking to increase the national gas output in various regions including the Delta.
Cairo had declared that the nation's natural gas exports reached USD 8.4 billion in 2022, compared with 2021 when it stood at USD 3.5 billion (rising by 171 percent). (end)
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