Third Zohr Gas Processing Unit Begins Operations
The third gas processing unit at Zohr natural gas field began operations on June 14, 10 days ahead of schedule.
The third gas processing unit at Zohr natural gas field began operations on June 14, 10 days ahead of schedule.
Delek Drilling shareholders will meet on July 1 to vote on whether to approve a $200 million investment in a subsea pipeline to Egypt.
Pharaonic Petroleum's natural gas production has reached 600 million standard cubic feet per day (mscf/d).
Minister of Petroleum Tarek El Molla has visited Zohr gas field to follow up on operations and ensure that production will reach 2.7 billion cubic feet per day (bcf/d) in 2019.
Exports of gas condensate from Iran’s South Pars gas field rose by 149% in May 2018.
Egypt’s production of natural gas increased by around 20.64% year-on-year (YoY), reaching 3.437 million tons in March 2018 compared to 2.849 million tons in March 2017.
Iran will award Farzad B gas field to domestic Iranian contractors if India withdraws from negotiations over the field’s development.
Egypt consumed 3.3 million tons of natural gas in April 2018, compared to 3.2 million tons in winter.
Egypt plans to develop refineries during the upcoming four years to decrease the import rate of petroleum products to 5%, compared to the current rate of 35%.
Egyptian natural gas output increased 24.8% year-on-year (Y.o.Y), reaching 3.191 million tons in February 2018 compared to 2.556 million tons in February 2017.