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Egypt says new gas wells to cut power outages

: Tuesday, June 03 - 2014 @ 01:23

Egypt’s petroleum minister, Sherif Ismail has said new gas wells will begin production during the first quarter of the next fiscal year, raising production rates, securing energy needs and reducing import rates and power outages, Daily News Egypt has reported. Ismail did not specify the wells in question, but said that his ministry is currently working to secure the country’s petroleum needs by increasing production rates in coordination with foreign companies.

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Tuesday, June 3- 2014 @ 1:23 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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