Gas production in West Nile Delta field begins in October

SEE-August 4: Egypt's Minister of Petroleum and Mineral Resources Tarek El-Molla said on Friday that the production of the first two wells in phase 9b of the West Nile Delta Project in the West Mediterranean Deepwater Concession is planned for the first half of October.

The Rasheed Petroleum Company, which is owned by the Egyptian General Petroleum Corporation manages 50% of the Mediterranean Deepwater Concession while Shell and Malaysia’s Petronas each administer 25%, Reuters reported.

In the third quarter of 2019, total production rate is expected to reach  400 million cubic feet of gas and 3,000 barrels per day, with the completion of  remaining wells in the project.

The project total cost is almost EGP 14 billion.

Egypt plans to become a regional hub for the trade of liquefied natural gas after a string of major discoveries in the Mediterranean that are expected to make Egypt self-sufficient in gas by the end of 2018.