February 14, 2017 / 1:45 PM / 3 years ago

Edison says more gas discoveries will be made in Egypt within 3 years

CAIRO, Feb 14 (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.

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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