Egypt announces 3 new oil, gas discoveries

WAM
12 Apr 2025, 20:57 GMT+10

CAIRO, 12th April 2025 (WAM) -- Egypt's Ministry of Petroleum and Mineral Resources announced three new oil and gas discoveries in the country's Western Desert.

According to a ministry statement, the discoveries made by Khalda Petroleum Company are expected to produce nearly 12 million barrels of oil equivalent and 4 million barrels of recoverable reserves.

The ministry said the three discoveries are estimated to produce 2,750 barrels of oil and condensates and 20 million cubic feet of gas per day.

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