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Petroleum: 330M ft³ gas additional production expected this year
The Minister of Petroleum and Mineral Resources, Engineer Kareem Bedouin, emphasized that efforts to support and increase domestic natural gas production are ongoing, through developing existing fields and expanding exploration activities. There is a focus on quickly turning new discoveries into actual production. In this context, the sector aims to add approximately 250 million cubic feet of gas daily from the North Lake and West Mena fields by the end of the year, as well as an additional 80 million cubic feet from the Milyha fields before the end of September. Nine new natural gas discoveries have also been made, and exploration and development operations have been assigned to new areas. These developments enhance gas resources and reduce dependency on imports. The Minister also highlighted the importance of substantial investments in deep waters in the Mediterranean Sea and their necessity for establishing a strong infrastructure to support production and economic growth.
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