The Egyptian President, Hosni Mubarak, inaugurated a new oil discovery in the eastern part of the Jabal Al-Zeit region in the Suez Gulf, reported Al-Hayat . The new oil source was discovered by the Suez Aso Petroleum Company. The reserves of the new oil field are estimated at 60 million barrels with the capacity of producing 8,000 barrels per day. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
