VOL. XLII

No. 26

28-June-1999

EGYPT

Gasco Expanding Egypt’s Gas Grid As Demand Is Projected To Rise To 50BCM/Y By 2015

The Egyptian Government has made the promotion of natural gas use the linchpin of the country’s energy policy, as a series of important discoveries has raised the country’s proved natural gas reserves from 12 trillion cubic feet (tcf) in 1992 to the current level of approximately 40 tcf. This increase in reserves is coupled with new information...