Disouq Petroleum Company (Petro Disouq), the joint venture (JV) responsible for managing two natural gas fields, South Disouq and Ibn Younis at South Disouq concession, plans to increase natural gas supply to the national grid, Nasr Yassien, Operations General Manager and Board Member at Petro Disouq told Egypt Oil & Gas exclusively.
According to Yassien, these two fields have a production capacity of around 60 million cubic feet per day (mmcf/d) of natural gas and 200 barrels of condensates per day.
The fields’ experimental production commenced on November 8, 2019. The produced natural gas is planned to be fully directed to cover local demand through the national gas grid of the Egyptian Natural Gas Company (GASCO).
Petro Disouq established and operated a South Disouq natural gas treatment plant, natural gas production lines, and natural gas shipping lines in the South Disouq concession, with investments of around $80 million since 2014.
Furthermore, the JV plans to drill new exploratory wells in the concession area.
It is worth mentioning that Petro Disouq is a JV between the Egyptian Natural Gas Holding Company (EGAS) and SDX Energy, and was established according to a ministerial decree dated April 9, 2019.