$3.5b Worth Of Gas Found Off Egypt's Coast

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Italian oil company ENI has announced the latest discovery of a super giant gas field that could be one of the world's largest, off the Egyptian Mediterranean Coast. According to ENI, the field holds around 30 trillion cubic feet of gas. An equivalent of 5.5billion barrels of oil. Authorities say production of the new discovery should commence within 30-36 months. Yasser Hakim has more on the impact this discovery can have on country's economy.
Category
Egypt
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