Oil major Shell said new gas discoveries have been made in a concession area in Egypt’s Western desert.
The company said the initial quantities ate the noth Alan El-Shawish site are estimated to be at about half a trillion cubic feet of gas with more possible reserves.
The discovery could end up producing from 10 to 15% of the total production of Badr el-Din Petroleum company, which is a joint venture acting on behalf of the state-owned Egyptian General Petroleum Corporation (EGPC) and Shell in production operations.
Badr el-Din is expected to manage the operations but Shell owns the license of the entire area.