Petroleum Africa
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Tuesday, June 21, 2016
BP approved the spending of funds to develop the first phase of the Atoll gas field offshore Egypt. The Atoll development is being fast tracked, with the funding decision taken just 15 months after the discovery was made.
The field, estimated to contain 1.5 Tcf of gas and 31 million barrels of condensate, is on track to deliver its first gas in H1 2018 at a rate of 300 Mmcf/d to the Egyptian domestic market.
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