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RWE has continued success in Egypt

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Published: Oct. 9, 2012 at 6:15 AM

CAIRO, Oct. 9 (UPI) -- German energy company RWE said confirmed the extension of a natural gas discovery in the Nile Delta region of Egypt.

RWE Dea said it confirmed through drilling the extension of its South Sidi Ghazy-1x discovery in the Nile Delta. A successful appraisal of a northern section was reported in August.

Dirk Warzecha, general manager of RWE's Egyptian branch, said discoveries in the Nile Delta will "contribute to the core production" from the region.

A well associated with the northern section of the discovery flowed at a rate of 1 million cubic feet per day during initial testing in August.

The company said production is intended for the Egyptian market. Production from the concession is expected by next year.

RWE was awarded the concession in 2004. It covers around 2,000 square miles in the Nile Delta.

The U.S. Energy Department's Energy Information Administration states that proven natural gas reserves in 2012 in Egypt were the third highest in Africa at around 77 trillion cubic feet.

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