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New oil, gas field in Egypt promises more discoveries

Egypt’s successive governments have largely ignored drilling of oil and gas in the Western Desert given the high cost of such an operation, although the area is rich.
A car crosses the Egyptian western desert and the Bahariya Oasis in Siwa, southwest of Cairo, Egypt May 15, 2015. Picture taken May 15, 2015. REUTERS/Amr Abdallah Dalsh - RC1ADA96C670
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CAIRO — Egypt announced Dec. 19 the discovery of a new oil and gas field in the Abu Senan area in the Western Desert. The Egyptian Ministry of Petroleum and Mineral Resources said in an official statement that the new oil and gas field was discovered after excavation work by Borg El-Arab Petroleum Company, a government-affiliated company.

The statement indicated that the new field’s production is expected to reach an average of 7,000 barrels of crude oil per day, as well as 10 million cubic meters of gas. It added, “New discoveries in the Western Desert are proof that this region is still characterized by its high oil and gas possibilities, especially in the deep layers, in light of modern technologies contributing to achieving several promising discoveries in the area.”

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