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NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.
Egypt on Tuesday launched an international tender to explore natural gas and crude oil in the Mediterranean Sea and the Nile Delta.
Minister of Petroleum and Mineral Resources Tarek El-Molla said the tender, announced by the Egyptian Natural Gas Holding Company (EGAS), aims to attract investment to explore gas and oil in promising areas.
In statements quoted by state news agency MENA, he added that the tender covers 12 regions in the Mediterranean and the Nile Delta, including six offshore regions and six onshore.
Egypt is keen to step up exploration and exploration of natural gas deposits in the Mediterranean to boost its gas production to meet local market needs and for export.
Following Russia's war against Ukraine earlier this year, the European Union is seeking to reduce its dependence on energy supplies from Moscow and is seeking energy agreements with other countries, including Egypt.
Egypt achieved self-sufficiency in gas in 2018. (Anadolu Agency)
