Mubasher TV
Contact Us Advertising   العربية

Egypt plans to increase production capacity of Nawras gas field

Egypt plans to increase production capacity of Nawras gas field
Egypt plans to increase production capacity of Nawras gas field

Cairo – Mubasher: Egypt petroleum ministry plans to boost the production of Nawras gas field to exceed 1 billion cubic feet of gas per day by the first quarter of 2017, said Petroleum Minister, Tareq el Molla.

The current production of Nawras gas field is estimated at about 350m cubic feet per day and 3,000 barrels of condensates.

Italian energy giant Eni took over the development of North Port Said gas fields which have the capacity to produce 165m cubic feet per day, with investments of $500m. The project is expected to be completed during the current fiscal year.

BP aims to finish linking the extracted gas from the third phase of Ras El Bar gas field to the national grid during the current month. The new phase will produce 110m cubic feet of gas per day and 400 barrels of condensates, with investments of $265m. The first well’s primary gas production is estimated at 60m cubic feet.

The General Petroleum Company (GPC) is implementing a project to process gases in Ras Gharib area to produce about 40,000 tons of petroleum products annually, including butane, condensates, and propane, as well as 4.3bn cubic feet of other gases, with investments of about $60m. The production is expected to start in April 2017.