Egypt | Egypt Oil & Gas - Part 369
Eni’s Zohr, BP’s Atoll Aim for Production in 2017, 2018
UK's BP and Italian Eni will aim their development plans for both Atoll field and Zohr field in Egypt at production in 2017.
Egypt Pays $5.8/1mBTU for Zohr Gas
Egypt buys Eni's equity gas from Zohr field for $5.8 per 1m thermal unit (BTU), according to the recent agreement in November 2016.
Egypt Stockpiled on Petroleum Reserves
Egypt's strategic reserves of butane is enough to cover consumption of a 15-day period, while that of benzene and diesel covers a 10-day duration.
EGPC to Launch Fuel Tender
Egyptian General Petroleum Corporation (EGPC) is launching a tender to receive 700,000 tons of benzene, diesel and mazut.
Bapetco to Link BTE-2 Output to Gas Plant
Badr El Din Petroleum (Bapetco) is in talks with its foreign partner Royal Dutch Shell on linking production for a new discovery at North Alam El Shawish concession, BTE-2 well, to Badr-3 gas process facilities.
Shell to Boost EDCO’s LNG Exports
Royal Dutch Shell exported three liquefied natural gas (LNG) cargos through its EDCO plant, while agreeing with he Egyptian Ministry of Petroleum and Mineral Resources to start gradually increasing its LNG exports.
Eni Drilled New Well at Zohr
Italian Eni drilled new well in Zohr and obtained approval from the Egyptian government prior selling stakes of the Shorouk concession, which contains the Zohr field, to Rosneft
Apache to Drill 20 Gas Wells
US Apache intends to invest $100m in horizontal drilling on 20 wells in the Apollonia field located in the Egyptian Western Desert in order to produce around 40mcf/d of gas.
