Desperate for more gas to offset a growing domestic gas deficit, Egypt has decided to take a new approach. It is looking to attract firms to develop modest-sized fields in its Mediterranean offshore gas heartland previously considered uneconomic.
On 3 March the oil ministry announced that it was putting two ‘clusters’ of such fields offshore the Nile Delta on offer with a combined total of 6.94tcf of gas in place. (CONTINUED - 1389 WORDS)
