Egypt uncovers new gas reservoir
Egypt announced a new natural gas discovery in the Western Desert through the Wanda well, drilled to a depth of 15,000 feet, with a daily production of up to 40 million cubic feet. This discovery strengthens the national gas supply system and supports efforts to increase local production and energy security. The minister also highlighted the decision by the consortium of Eni and Total to develop the Cyprus-Crohnus field project and connect it to Egyptian infrastructure, with the aim of processing, liquefying, and exporting the gas to European markets. This reflects Egypt's position as a regional hub for gas trading and enhances cooperation in the energy sector in the Eastern Mediterranean region.
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