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Ministry of Petroleum and Mineral Resources

Egypt gas reserves rise to 1.3TN cubic feet in 11 months

Of these, 69 wells were evaluated, resulting in 40 discoveries, with total reserves estimated at 42 million barrels of oil and condensates, and 1.3 trillion cubic feet of gas.

Egypt receives new LNG regasification vessel at Alexandria Port

The vessel, which arrived from Germany, has a storage capacity of 174,000 cubic meters of liquefied natural gas (LNG).

Russia plans to set up LNG Plant in Egypt

Russian Minister of Industry and Trade, Anton Alikhanov, told Russian news agencies, “We are discussing projects to build LNG plants. Work is proceeding at full speed.”

EGPC sets plan to drill 75 gas wells within 12 months

The goal is to add approximately 7,500 barrels per day, increasing total production to 9,000 barrels per day.

$150M AngloGold Ashanti investments volume in Egypt

To date, the company’s investments in Egypt have reached $150 million.