BP discovers natural gas in Mediterranean off Egypt

Published June 3rd, 2001 - 02:00 GMT

BP has discovered natural gas in the Mediterranean Sea off the Egyptian city of Alexandria that will have an initial production of 28 million cubic meters (980 million cubic feet) a day, the government daily Al-Akhbar reported Friday, June 1. 

 

Output should eventually increase to 40 million cubic meters (1.4 billion cubic feet) a day, with the deposit expected to be exploitable for around 25 years, the newspaper added. — (AFP) 

 

© Agence France Presse 

© 2001 Mena Report (www.menareport.com)

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