Ministry of Petroleum and Mineral Resources said Agiba Petroleum Company made its largest discovery in 15 years in Egypt’s Western Desert, with estimated reserves of 330 billion cubic feet of gas and 70 million barrels of oil equivalent.
The Egyptian Ministry of Petroleum announced a new natural gas discovery in the Badr-15 area, yielding 16 million cubic feet per day. This find is expected to add approximately 15 billion cubic feet to reserves from the Lower Bahariya reservoir.
