Egyptian NPIC Project

Egyptian NPIC Project has AESW, NWG and EG oil and gas blocks with equities of 35%, 50% and 50% respectively held by ZhenHua Oil, i.e. operator of NWG and EG blocks. In the three blocks, there is a total geological reserve of 0.133 billion tons of oil and gas equivalent. They have already been put into production. With annual output of oil and gas equivalent of 1.3 million tons, they are in the early stage of development and production.

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