Eni finds 2 trillion cubic feet of gas offshore Egypt

Eni discovered 2 trillion cubic feet of gas offshore Egypt today. The find near existing infrastructure will help the nation boost its domestic energy supply.

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The energy group ENI SPA has announced a significant gas and condensate discovery at the Denise W-1 exploration well offshore Egypt. Located in the Temsah Concession of the Eastern Mediterranean, the find is estimated to hold approximately 2 trillion cubic feet of gas initially in place and 130 million barrels of associated condensates.

An Eni corporate logo displayed at a fueling station in Rome, Italy, as captured in a file photograph by Alessandro Bianchi for Reuters.
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