In 1967 Egypt discovered its first natural gas field, the Abu Madi field in the Nile Delta. The discovery was made by Eni the same company that recently discovered Egypt’s mega gas field Zohr. Production began from Abu Madi in 1975.
|Crude Oil (WTI)||USD/bbl||48.27||0.48%|
|Crude Oil (Brent)||USD/bbl||50.87||0.45%|
|NYMEX Natural Gas||USD/MMBtu||3.03||0.66%|
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Membership in the EGA gives the opportunity to both corporations and individual members to take an active role in shaping the future of Egypt’s energy industry.