Edison: More gas discoveries will be made in Egypt within 3 years

CAIRO (Reuters) -- The chief executive of Italian energy group Edison said on Tuesday he is confident more gas discoveries will be made in Egypt in the next three years.

Egypt Gas Field Reuters Small
Photo Courtesy of Reuters.

Edison has signed a $86 million agreement with state-run Egypt Natural Gas Holding (EGAS) for natural gas and oil exploration in the Mediterranean, the Egyptian Petroleum Ministry said on Jan. 5.

Reporting by Lin Noueihed; Writing by Asma Alsharif; Editing by Susan Fenton

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