Egypt to Boost Gas Output to 7.95 bcf/d in FY 2019/20

The Egyptian Ministry of Petroleum and Mineral Resources aims to increase Egypt’s natural gas output to 7.95 billion cubic feet per day (bcf/d) in fiscal year (FY) 2019/20, instead of the currently planned 7.5 bcf/d, a source at the oil and gas sector told Al Borsa Newspaper.

The increase is directly linked to the boost in production from the second phase of North Alexandria project and from Zohr field.

The projects that are currently being conducted will add around 1.5 bcf/d of natural gas to the 6.8 bcf/d currently produced and compensate for the 10% well’s natural decline, the source noted.

Moreover, production from Zohr natural gas field will reach 2.95 bcf/d in July 2019 after developing the second phase of the project.

Sarah Samir 3297 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.


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