www.g4media.ro/egiptul-anunta-o-noua-descoperire-d
Egypt has announced a significant natural gas discovery in the Mediterranean, estimated at 200 billion cubic feet. This find is expected to bolster domestic gas production and reduce import reliance. The Nasim-1X exploration well revealed a gas-bearing layer approximately 15 meters thick. Ongoing studies will assess production potential and commercial viability. The government plans to connect the well to existing production facilities via a 22-kilometer pipeline. The discovery is attributed to improved investment conditions and efforts to settle outstanding debts to foreign energy companies. Egypt aims to enhance its gas output amid rising domestic demand.
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