Zohr Gas Field Capacity to Reach 2 bcf/d by September
The production capacity of Zohr gas field, which currently stands at 1.6 billion cubic feet per day (bcf/d), is slated to reach 2 bcf/d by September, according to operator Eni.
The production capacity of Zohr gas field, which currently stands at 1.6 billion cubic feet per day (bcf/d), is slated to reach 2 bcf/d by September, according to operator Eni.
Egypt's monthly gas production increased by 500,000 tons in May 2018.
The Egyptian cabinet has announced that the country will purchase insurance contracts from international financial institutions to hedge against fluctuating global oil prices.
Egypt will resume gas exports to Jordan on January 1, 2019 with a flow of 1 million cubic meters per day.
Citizens will not be charged interest on the costs of connecting their houses to the natural gas grid, oil minister Tarek El Molla has announced.
Eni will begin production from the South Meleiha concession in the Western Desert’s Faghur Basin within three to six months.
Apache plans to drill three out of seven planned wells in the Western Desert by the end of 2018, according to an oil ministry source.
SDX Energy has announced another gas discovery at its SD-3X well in the South Disouq concession in Egypt.
Members of parliament requested on June 22 to send a letter to Prime Minister Mostafa Madbouly and Minister of Petroleum Tarek El Molla asking them to explain the reasons behind the latest increase in natural gas prices.
Egypt will raise natural gas prices for households and businesses by up to 75% from the beginning of August.