Egypt will for a initial time reason a proposal for gas scrutiny in a territorial waters in a Mediterranean Sea adjacent with Israel and Cyprus, Egyptian Natural Gas Holding Company (EGAS) President Mohamed Shoaib pronounced on Sunday.
“This week Egypt will offer an general proposal for prospecting 15 areas for a participation of oil and gas, including 13 sites in Egypt’s territorial waters in a Mediterranean Sea,” Shoaib said.
Six sites are located in a waters adjacent with Israel and Cyprus, he said.
“In this apportionment of a Mediterranean Sea, Egypt will for a initial time announce an general gas scrutiny tender,” he said.
Preliminary information prove that substantial gas pot are located in a adjacent areas, he said.
The proposal will be hold during 5 months. Gas companies from a UK, France and Malaysia have already voiced their seductiveness in a tender. A geological prospecting investigate carried out by U.S. scientists advise that there are several gas-bearing strata in a eastern apportionment of Egypt’s territorial waters with altogether pot of during slightest 230 trillion cubic meters of healthy gas, he said.