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CHAPTER TWO
Developments of Energy Resourrces
On other hand, Egypt and Algeria signed five agreements to
boost cooperation in the oil and gas domains. The first agreement
aims at increasing Algerian butane gas exports to Egypt from 800
thousand tons to one million tons, hoping it will reach 1.5 million
tons in 2014. The second agreement provides for establishing a joint
company comprising the Egyptian General Petroleum Corporation
and Sonatrach company to work in the petroleum exploration and
production domains, adding that the new company might work
outside the two countries
’
borders.
The third deal calls for setting up another joint company in the
engineering studies and economic feasibility studies in the oil, gas
and petrochemical domains. The fourth agreement provides for
Table A
The exploration blocks on bid in Nile delta and Mediterranean
Block Name
Area Offered
(sq km)
2D Seismic
Lines (km)
No. of
Drilled Wells
Idku South Onshore
1,575
966
5
Disouq South Onshore
1,275
285
1
El Burullus Notrth Offshore
1,775
816
2
Marakia North Offshore
2,600
3,114
-
El Maamura North Offshore
1,890
2,052
2
El Arish North Offshore
2,980
1,696
1
Thekah North Offshore
3,750
1,580
-
Port Fouas North Offshore
3,440
1,163
-
Shorouk Offshore
3,765
1,862
1
Tennin North Offshore
5,195
3,184
1
Leil Norht Offshore
5,105
4,510
1
El Dikheila North Offshore
7,150
4,949
3
El Maz Norht Offshore
4,680
4,205
2
Matruh East Offshore
8,940
3,844
-
Burg El Arab North Offshore
3,180
2,755
5
