Egypt to Increase Natural Gas Production to 8 bcf/d
The country is implementing 19 projects to produce around 55,000 barrels of condensates, which will help in covering the local market's demands.
The country is implementing 19 projects to produce around 55,000 barrels of condensates, which will help in covering the local market's demands.
BP plans to add 300 million standard cubic feet per day (mmscf/d) from Giza and Fayoum natural gas fields to production.
The company produced 5 million tons of different high quality petroleum products that meet global standards.
Ethydco achieved targeted production last year, covering local demand and increasing exports.
The field's current production recorded over 2 bcf/d, which directly contributes to help Egypt reach natural gas self-sufficiency by the end of 2018.
The country's refinery production capacity ranged between 500,000 and 550,000 tons in February 2019, covering around 50% of consumption, Ezz El Regal noted, adding that Egypt secures the remaining amounts through ...
Egypt has achieved highest production of crude oil and natural gas in its history during February 2019, producing 1.8 mmboe/d.
Tharwa Petroleum Company plans to produce 7,250 b/d in 2019 by drilling six exploratory wells and five development wells.
Egyptian electricity production increased by 1.4% YOY in November 2018, recording 14.5 MWh compared to 14.3 MWh generated in November 2017.
Royal Dutch Shell natural gas production from Burullus and Rashid fields declined by 37.5%, reaching 250 mmscf/d compared to 400 mmscf/d a year ago due to the natural decline of wells.