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Wednesday, January 30, 2019
Egypt’s Ministry of Petroleum revealed that it expects 11 projects to come online in the 2019/2020 fiscal year. The projects are expected to add about 2.5 Bcf/d of gas and more than 32,000 bpd of oil and condensates, according to Minister of Petroleum and Mineral Resources Tarek El-Molla, in an interview with Daily News Egypt.
El Molla said that the projects include the completion of the development of the Zohr field to reach maximum production, and the development of the Raven gas field, which represents the third phase of the fields of northern Alexandria, the West Nile Delta and the fields southwest of Baltim, Western Borlos and the stage 9 B West Delta and the second phase of the fields of North Sinai, along with several projects in the Delta.
This is in addition to the implementation of projects north-west of October in the Gulf of Suez and the development of the Bat, Iris, and Qasr in the Khalda Petroleum Company fields in the Western Desert, as well the project to increase the capacity of marine shipping facilities for crude oil for the Western Desert Operating Petroleum Company (WEPCO).
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