Egypt’s Gas Consumption Increases

Egypt’s Gas Consumption Increases

Gas consumption of electricity generating power plants increased during July to be 4 bcf/d from 3.7 bcf/d in May, informed Amwal Al Ghad.

The gas consumption increase in power stations reached 300 mcf/d in June and July due to the high temperature, the Ministry of Petroleum and Mineral Resources’ First Undersecretary for Gas Affairs, Mohamed Hassanien Radwan, stated.

The growth in natural gas production to around 5.1 bcf/d contributed in covering a huge part of the local market’s demands, including the demands of power stations, said Radwan. The needs of other Egyptian sectors are secured through liquefied natural gas (LNG) imports, he added.

The Egyptian oil and gas sector is looking forward to boost natural gas production to 6 bcf/d by the end of 2017 in order to face the growing demands of fuel and gas estimated at 7% per annum.

Egypt will increase natural gas production by 50% once it adds Zohr, North Alexandria, and Noroos fields to production during 2018, which will help achieve self-sufficiency by the end of 2018, Minister of Petroleum and Mineral Resources, Tarek El Molla, said.

Sarah Samir 3401 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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