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Thread: British Gas announces new finding in Red Sea

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    British Gas announces new finding in Red Sea

    British Gas announces new finding in Red Sea

    The Petroleum Ministry said that the British Gas Company made a commercial gas finding in the Red Sea that has the capacity to pump 40 million cubic feet per day.Petroleum Minister Abdullah Ghorab told Al-Masry Al-Youm that the new finding’s limited output capacity may increase with the digging of new wells.The new finding will enter the production phase in three months, Ghorab said, adding that El Borolos Gas Company, a joint operation between the Egyptian General Petroleum Corporation, PG Egypt and Petronas, will take on the works in the deep waters of the West Delta concession.
    umm, that should help the balance sheets in several industries...


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    Re: British Gas announces new finding in Red Sea

    Quote Originally Posted by reefedjib View Post
    -- umm, that should help the balance sheets in several industries...

    Now, if they can just create a pipeline back to the UK before winter, our fuel bills in the UK are ridiculous and it seems the Russians have us by the short black and curlies over gas.

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    Re: British Gas announces new finding in Red Sea

    Quote Originally Posted by Infinite Chaos View Post
    Now, if they can just create a pipeline back to the UK before winter, our fuel bills in the UK are ridiculous and it seems the Russians have us by the short black and curlies over gas.
    That is one hell of a long pipeline!
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    Re: British Gas announces new finding in Red Sea

    Quote Originally Posted by reefedjib View Post
    British Gas announces new finding in Red Sea


    umm, that should help the balance sheets in several industries...

    Great news..............................

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    Re: British Gas announces new finding in Red Sea

    Quote Originally Posted by Infinite Chaos View Post
    Now, if they can just create a pipeline back to the UK before winter, our fuel bills in the UK are ridiculous and it seems the Russians have us by the short black and curlies over gas.
    Does the UK get any gas from Russia?

    I know it does from Norway, and that the UK is now importing oil when it used to be an exporter, but I dont think it is getting any gas from Russia
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    Re: British Gas announces new finding in Red Sea

    They won't let the US drill for oil.
    We might hurt ourselves.

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    Re: British Gas announces new finding in Red Sea

    Quote Originally Posted by Darroll View Post
    They won't let the US drill for oil.
    We might hurt ourselves.
    Why is it that the US is producing more oil and gas now then it has for I believe 30 years?
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    Re: British Gas announces new finding in Red Sea

    Quote Originally Posted by Lord Tammerlain View Post

    Why is it that the US is producing more oil and gas now then it has for I believe 30 years?
    You are mistaken.

    Thanks to Obama, We are producing much less gas and oil on federal lands now than we were when George Bush was president.

    Barack Obama has vowed on several occasions to use "cap and trade" to destroy the oil and gas industry in the United States.

    Barack Obama: My Plan Makes Electricity Rates Skyrocket

    Last edited by James Cessna; 07-22-12 at 05:08 PM.

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    Re: British Gas announces new finding in Red Sea

    The thirst the world has for oil reminds me of junkies in Compton. We know there is nothing healthy about oil, but we just keep looking for our fix.
    I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality. - MLK

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    Re: British Gas announces new finding in Red Sea

    Quote Originally Posted by Darroll View Post
    They won't let the US drill for oil.
    We might hurt ourselves.
    OH please.. rig counts are up 20% in the US and for the first time in decades we are exporting refined product.

    When the ppb is high.. there is money for explorationand drilling.

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