The Egyptian Natural Gas Holding Company (EGAS) annoucned that Egypt’s production increased last year to 4,360 million cubic feet after new gas discoveries.
Last year, Italy’s ENI annoucned discovering “the largest ever” offshore natural gas field in the Mediterranean off the Egyptian coast known as the Zohr Project.
In June 2016, BP Egypt annoucned an gas discovery in Egypt’s East Mediterranean. In August, Shell discovered new gas field with reserves of 500bn cubic feet in the western desert.
