Natural Gas Production Rises 28.6%

Natural Gas Production Rises 28.6%

Egypt’s production of natural gas rose to 3.37 million tons in July 2017, a year-on-year (y-o-y) increase of 28.6% from last year’s 2.62 million tons, Egypt Oil & Gas reports.

Consumption also rose to 3.94 million tons in July from 3.45 million tons in July 2016, a 14.2% y-o-y increase, according to the information released by the Central Agency for Public Mobilization and Statistics (CAPMAS).

The first phase of the West Nile Delta and North Alexandria development project, which included the Taurus and Libra fields, was completed in March 2017. It increased Egypt’s production capacity by 700 mscf/d,  Egypt Oil & Gas reports.

The Zohr, Fayoum, Giza, and Raven fields will further boost production when they come online.

Sarah Samir 3418 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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