Middle East Economic Survey

VOL. LII

No 9

2-Mar-2009

EGYPT

Dana Announces Third Gas Discovery In The Nile Delta This Year

Abu Dhabi-listed Dana Gas has announced its fifth gas discovery in the onshore Nile Delta since October, just one week after it reported a dry gas discovery in the same West Manzala concession. The latest discovery was made at the Azhar-1 well, which is located just 10km from the companys El-Wastani gas processing facilities, with preliminary estimates indicating gas reserves in...