Idku Gas Exports Rise to 750 mmcf/d

Idku Gas Exports Rise to 750 mmcf/d

The Egyptian Natural Gas Holding Company (EGAS) estimated the quantities of natural gas exported through Idku gas liquefaction plant at 750 million cubic feet per day (mmcf/d) compared to 500 mmcf/d in June, according to a source at EGAS, Zawya reported.

The quantities of gas exported through Idku have increased after linking 250 mmscf/d of the Giza and Fayoum fields to the local production, increasing domestic production and reducing the consumption, making Egypt strongly return to international markets after achieving self-sufficiency locally.

The Ministry of Petroleum and Mineral Resources plans to connect the wells of Zohr, North Alexandria, and Borollos, as they contribute to increasing domestic production and cover consumption rates.

The contractual share of Idku is estimated at 1.13 billion cubic feet per day (bcf/d), operating 340 days each year and stopping production for a month for the maintenance of units, which costs $20 million.

Egypt’s natural gas output rose to 6.8 bcf/d, compared to the 6.2 bcf/d in 2018, after linking gas production from the second phase of the West Nile Delta project to North Alexandria and several other wells.

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