Egypt Oil & Gas learned that South Dabaa Petroleum Company is on the verge of announcing the implantation of a new gas station in Al Qattara Depression, with an estimated cost by $35 million.
The gas station is located in the company’s acquisition area, close to the production facilities of Badr Petroleum Co. (BAPETCO). The gas station is in the final stages, before the launching process starts during this year after ensuring the safety of equipment, according to the firm’s officials.
Eng. Omar Yasser, Executive President of Exploration, said his company’s investments in the station reached up to $35 million, mainly in constructions. Yasser said that the preliminary tests showed a gas production of 20 million cubic feet per day.
Yasser added, in an exclusive statement to Egypt Oil & Gas, that his company is looking into using this gas station to extract the maximum amount of gas to reach 35 million cubic feet per day, as previously agreed with the Egyptian General Petroleum Corporation (EGPC).
South Dabaa is a joint venture between EGPC and the Tunisian company Hadi Bouchamaoui, a private company specialized in exploration. Bouchamaoui operates in south of dabaa acreage, after it discovered six oilfields in the same location, four of them were placed on the production line since last February, with an output of 13,000 barrels per day.