{"id":324628,"date":"2022-02-17T13:22:56","date_gmt":"2022-02-17T13:22:56","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=324628"},"modified":"2022-02-17T13:22:56","modified_gmt":"2022-02-17T13:22:56","slug":"egas-to-drill-13-exploration-wells-in-mediterranean-delta-in-fy22-23","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/02\/17\/egas-to-drill-13-exploration-wells-in-mediterranean-delta-in-fy22-23\/","title":{"rendered":"EGAS to drill 13 exploration wells in Mediterranean, Delta in FY22\/23"},"content":{"rendered":"<p>The Egyptian Natural Gas Holding Company (EGAS) plans to drill 13 exploration gas wells in the Mediterranean and the Nile Delta during fiscal year (FY) 2022\/2023, the Chairman of EGAS, Magdy Galal, announced in a statement.<\/p>\n<p>Galal added that the company seeks to enter into three gas exploration agreements and\u00a0implement five gas development and production projects to\u00a0bring 33\u00a0gas\u00a0wells\u00a0onstream.<\/p>\n<p>These wells will add\u00a0450 million cubic feet of gas and produce 17,200\u00a0barrels of condensate.<\/p>\n<p>During the general assembly meeting,\u00a0Galal further remarked that the company will invest $900 million in gas exploration, development, and production to raise the total value of investments in the current and next fiscal years to more than $1.6 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Egyptian Natural Gas Holding Company (EGAS) plans to drill 13 exploration gas wells in the Mediterranean and the Nile Delta during fiscal year (FY) 2022\/2023, the Chairman of EGAS, Magdy Galal, announced in a statement.<\/p>\n","protected":false},"author":4,"featured_media":319706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33,21],"tags":[],"class_list":["post-324628","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - 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