The Egyptian General Petroleum Corporation (EGPC) pays $3.1 per 1 million thermal unit (mtu), which is the minimum price stated in the agreement with BP, from the North Alexandria and West Delta Deep Marine (WDDM).

The Giza and Fayoum fields in the West Nile Delta concession will be added to production in the second phase of the project in December 2018.

President Abdel Fattah El-Sisi affirmed on July 29 that Egypt would achieve natural gas self-sufficiency and a surplus by June 30, 2020.

The Zohr, North Alexandria, and Nooros natural gas fields will receive investments worth $27.3 billion in 2018.

The Fayoum and Giza fields will begin production by the end of 2018, adding 500-700 million standard feet per day (mscf/d) to Egypt’s domestic production.