News

Shell Discovers 500 Billion Cubic Feet of Natural Gas in Egypt’s Western Desert

Shell Discovers 500 Billion Cubic Feet of Natural Gas in Egypt’s Western Desert

shell-station

New natural gas discoveries were made earlier this month in Egypt’s western desert, announced Royal Dutch Shell plc, commonly known as Shell.

The discoveries were made in Alam El-Shawish concession area. Initial estimates indicate that 500 billion cubic feet of natural gas was discovered, with more possible reserves yet to be uncovered, announced the CEO of Shell in Egypt, Eden Murphy, in a statement.

The discovery could produce between 10 and 15 percent of the total production of Badr el-Din Petroleum, which is a joint venture that acts on behalf of Shell and the Egyptian General Petroleum Corporation.

Murphy added that Shell had used various new technologies to dig one of the deepest wells in the western desert region.

Shell gained the rights to explore the western desert for oil and gas in 2012, signing an agreement with Egypt’s Ministry of Petroleum and the Egyptian General Petroleum Corporation.

The discovery is one of the largest in Egypt’s western desert in recent years.

In the past year, Egypt has also made a number of natural gas discoveries, including one ‘super giant’ natural gas field.

Poverty Rate in Egypt Rises to 27.8%, Says Planning Minister
Egypt Hosts Five Million Refugees: Foreign Ministry

Subscribe to our newsletter


News

More in News

A snapshot from a video released on Twitter by Ansar Bayt al-Maqdis on August 28, 2014.

Australia Declares ‘Ansar Bait Al-Maqdis’ a Terrorist Organization

Egyptian StreetsDecember 10, 2016
nieuwe-groep-claimt-aanslag-cairo-961x658

Seven Killed in Giza, Kafr El-Sheikh Explosions Targeting Police

Egyptian StreetsDecember 10, 2016
1000_1472412595osama_mursi_22415

Former President Morsi’s Son Arrested

Egyptian StreetsDecember 9, 2016
azzasoliman

Egyptian Women’s Rights Activist Azza Soliman Released on Bail after Arrest

Egyptian StreetsDecember 8, 2016
Credit: Martin Roemers/Anastasia Photo

Professors and Doctors Among 45 Arrested in Egypt Organ Trafficking Ring

Egyptian StreetsDecember 6, 2016
05black

Egypt’s Foreign Reserves Rise to $US 23 Billion

Egyptian StreetsDecember 6, 2016
1200x-1-1024x697-1

Naguib Sawiris Steps Down as CEO of Orascom in Surprise Resignation

Egyptian StreetsDecember 6, 2016
One of the leaked images allegedly from a Heinz Egypt factory.

Senior Heinz Egypt Employee Arrested After 62 Tonnes of Rotten Tomatoes Found

Egyptian StreetsDecember 6, 2016
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2016 ES Media UG. All Rights Reserved.