Eng. Fahmi pointed out to the significance of holding such forums and conferences, that discuss the challenges facing the domain of Shale Gas, whether , economic, technical or environmental challenges helping to exchange information and experiences between the parties involved in the industry and encourage the transfer of advanced technologies in this promising field among experts of oil industry , explaining the importance of continued studies and discussions to assess the process of extracting natural gas from shale in Egypt and how to achieve the optimum exploitation.
Eng. Mahmoud Latif, Chairman of EGAS, clarified that the Petroleum Sector is greatly interested in the field of natural gas extraction from shale in order to diversify energy sources in Egypt. He pointed that a working group of experts in the Natural Gas Holding Company, the Egyptian General Petroleum Corporation, Ganoub El Wadi Petroleum Holding Company and the Egyptian Mineral Resources Authority was formed to study this issue technically and practically to reach a comprehensive vision to determine potentials of extracting natural gas from shale in Egypt.
For his part, Eng. Hisham Ismail, Head of Halliburton Egypt, clarified the importance of holding this forum to achieve the best exploitation of shale gas, noting that Egypt is one of the countries of global interest in this domain and that Halliburton, is intensifying studies and researches about potentials of shale gas in Egypt.