Italian energy company says new gas discovered off Egypt

ROME: Italian energy giant Eni announced on Sunday what it described as a significant gas discovery offshore of Egypt in the eastern Mediterranean. Eni said the discovery at the Nargis-1 exploration well was made in the Nargis offshore area concession.

Eni reaches a new milestone for #energysecurity in Egypt. The new gas field confirms the prospects for the area's development. https://t.co/FbSECAD52a pic.twitter.com/l3O41rfBBG

— eni (@eni) January 15, 2023

Eni said it would further develop the offshore area thanks to a recent award of several exploration blocks. The concession area measures some 1,800 square kilometres (about 700 square miles). By RSS/AP READ ALSO:

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