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Egypt’s Ministry of Petroleum and Mineral Resources announced on Saturday 2 May a new natural gas discovery in the Nile Delta, with production rates estimated at around 50 million cubic feet per day. The discovery followed the successful drilling of the exploratory well, Nidoco N-2, in an offshore concession, according to a statement released on Saturday. The well was drilled in the West Abu Madi development area in Kafr El-Sheikh governorate, approximately 3 kilometers offshore, in shallow waters at…
