Abu Qir Petroleum Company finalized the installation of a new gas compressor with a capacity of 350 million cubic feet per day.
This comes within the current fiscal plan of 2010-2011 to boost the company’s natural gas production rate.
Recently, Abu Qir conducted a technical study to address some of its exploratory and development wells in the Mediterranean fields owned by the company.
Egypt Oil and Gas Newspaper learned that Abu Qir is aiming at installing the new gas compressor in the fields of Abu Qir and North Delta in the company’s accusation area in the Mediterranean. The operation is conducted according to the production arrangement of the present fiscal plan.
It is worth mentioning that the Abu Qir Petroleum Company is a joint venture company between the Egyptian General Petroleum Corporation (EGPC) and Italian Edison.