BP is planning to raise gas production from North Alexandria to 1.5 billion cubic feet per day (bcf/d) by 2020, a source from the Egyptian Natural Gas Holding Company (EGAS) told AlBorsanews.
This will come as BP launches its third phase by the end of 2019, in which around 850 million cubic feet per day (mcf/d) of gas will be linked to the Ravin field, which will have an initial production rate of 350 mcf/d.
A gas treatment unit is being established specifically for the Ravin field with a capacity of 900 million mcf/d.
In addition, the production from Giza and Fayoum fields will reach their peak of 680 mcf/d during this month, up from a capacity of 250 mcf/d last week and 430 mcf/d last February.
The proven reserves of the gas projects from North Alexandria is estimated to be 5 trillion cubic feet (tcf), while BP acquires 82.75% of these projects.
The source added that the Ministry of Petroleum is keen on cooperating with the foreign partners to accelerate the fields’ development and add their production outcome to the national natural gas grid.