Chairman of the Egyptian Natural Gas Holding Company (EGAS), Mohammed Tawila, said on 6 November that the Khalda concession gas field, in Egypt's western desert, could have reserves of between two to three trillion cubic feet (tcf). He added that the field also has about 70 million barrels of condensates, reported Egypt's official Middle East News Agency (MENA).
In July the US' Apache Corporation released details of a further six discoveries in the Western Desert, shortly after announcing what it described as its most significant discovery to date in the area, the Qasr-1X well, which tested at a combined rate of 51.8 million cubic feet a day (cf/d) of natural gas. Apache has a total of 13 concessions in Egypt, making it one of the country's largest foreign investors. Apache made 11 discoveries in 2002 (MEED 3:10:03)
You might also like...
Iraq signs deal to develop the Akkas gas field
25 April 2024
Emaar appoints beachfront project contractor
25 April 2024
Acwa Power signs $356m Barka extension
25 April 2024
AD Ports secures Angola port concession agreement
25 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.
