The national company Belayim Petroleum Company (Petrobel) is planning to produce 500 million cubic feet per day (mcf/d) of natural gas from its south west Balteem project by mid-2019, according to the company’s head Atef Hasan, Egypt Oil & Gas reports.
The company aims to drill 6 wells and build an offshore oil platform in the project. It also aims to build an undersea pipeline to transmit the project output to the shore. The gas will continue its journey to Abu Madi through another onshore pipeline that the company is planning to build. The two pipelines will cost $380 million.
Hasan went through the project’s updates during a meeting with other national oil companies’ heads, and representatives from the oil ministry.
They went through the developments in the $300 million gas pipelines in the delta which will link between Nooros, Abu Mdi, and El Jameel sites and transmits 700 mcf/d of natural gas. The project is scheduled to be finished by the end of this year. It consists of two pipelines: one transmits the gas from Noroos gas field to Abu Madi gas processing station, and another pipeline carries the gas from Abu Madi to the national gas grid.