Economy
Egypt’s Ministry of Petroleum and Mineral Resources announced on Saturday, 8 November, a new natural gas discovery in the Western Desert, attributed to the Badr El-Din Petroleum Company (BAPETCO), a collaborative venture with the Egyptian General Petroleum Corporation and Shell. The newly connected well is currently producing around 16 million cubic feet of natural gas per day, alongside 750 barrels of condensate. This find is anticipated to contribute approximately 15 billion cubic feet of natural gas to Egypt’s proven reserves,…
