24 Hrs
Source:
بوابة الفجر
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PM monitors gas supply plans
The Egyptian government's efforts have focused on securing the energy needs of the market and increasing domestic production of gas and oil, thereby enhancing energy security and supporting Egypt's position as an regional hub for energy trading and transactions. The production from the Fayoum 4 well was launched two years ahead of schedule, adding approximately 80 million standard cubic feet of gas per day. The ministry's strategy reflects an expansion of operations regionally through contracts such as the project to connect gas to the Majour industrial development zone in Jordan, valued at $22.7 million. Meanwhile, Egypt continues to invest in exploration and development projects in the Mediterranean Sea to boost production and develop resources.
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