(MENAFN- Nam News Network) CAIRO, Oct 23 (NNN-MENA) – Egypt has made several new oil and gas discoveries in the Western Desert and the Nile Delta this month, which would add over 5,000 barrels of oil and 42 million cubic feet of gas per day, to production, Petroleum and Mineral Resources Minister, Karim Badawi, announced yesterday.

For the first time in two years, two new natural gas discoveries were made in the onshore Nile Delta – by Britain's Harbour Energy and United Arab Emirates-based Dana Gas – with a combined output of 19 million cubic feet per day, the ministry said.

In the Western Desert, joint ventures, including Khalda Petroleum, Agiba Petroleum, and Petrosannan Company, as well as, the state-owned General Petroleum Company, made several new finds, which are expected to produce a combined total of around 5,400 barrels of oil and 23 million cubic feet of gas per day.

“These discoveries come, as part of the ministry's continuous efforts to reduce the burden of importing oil and gas on the national economy, by boosting local production and adding new finds that help lower the import bill,” Badawi said.

Since July, Egypt has recorded 18 new oil and gas discoveries, 13 of which are already in production, delivering a total daily output of 14,000 barrels of crude and condensates and 44 million cubic feet of gas, according to the ministry.– NNN-MENA

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