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Crude oil begins to be found in Nile Delta
Egypt, Economics, 7/2/2005
Egypt's Petroleum Minister Sameh Fahmi said yesterday that crude oil was discovered in the Nile Delta for the first time by Al-Mansoura petroleum Company.
In statements, Fahmi said the capacity of the new oil will, located 15km southeast of Mansoura city, is estimated at 2,000 barrels per day.
He clarified that the discovery was the result of contracts his ministry had signed with several multinational companies, specialized in the various oil domains.
Previous Stories:
Fahmi: Gold mines discovered in al-Elaqi Valley
(6/30/2005)
Fahmi: Oil gas talks with Palestine
(6/29/2005)
Egyptian liquefied gas exports to the US
(6/14/2005)
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