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Egypt invests in increasing gas production with new exploratory well in the Mediterranean
The Egyptian government is working to increase natural gas production in the Mediterranean region to meet local needs and secure energy supplies. Shell has drilled an exploratory well in the Cleopatra area in northern the Mediterranean, which is one of the largest sedimentary basins, marking an initial step in exploring the area that shows promising results. These efforts are part of Egypt's plan to explore and develop 101 wells this year, aiming to reduce dependence on imports and meet the domestic demand, which ranges between 6.2 and 7.2 billion cubic feet per day.
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