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Sources from the Egyptian Ministry of Petroleum and Mineral Resources revealed that it was planned to increase production of the giant field in the Mediterranean to more than 1.750 billion cubic feet per day in early August, compared to 1 1 billion cubic feet per day of natural gas per day.
According to the site of the "seventh day" the Italian company Anni announced early May that it was able to increase the field's gas production appeared to 1.1 billion cubic feet of natural gas per day, after the successful operation of the third field production unit Only 4 months of startup.
The engineer Tarek Al Mulla, Minister of Petroleum and Mineral Resources, announced the start of experimental production from the beginning of production in mid-December with a production capacity of about 350 million cubic feet per day before the official opening of this stage. In the presence of President Abdel Fattah al-Sisi at the end of January.
The Italian company Eni announced the discovery of a 100 square kilometer oil field in the Shorouk deepwater concession in the Mediterranean on August 30, 2015. The field reserves are estimated at 30 trillion feet. cubes, making it the most important in the Mediterranean, Equivalent to 135% of the crude oil reserves of Egypt.
The project to develop the giant gas production giant in the Mediterranean is one of the most important gas discoveries made during the recent period.
Increased production in the field Total production of natural gas from Egypt increased to about 6.750 billion cubic feet per day of gas and Egypt currently produces about 6 billion feet cubes of gas. The most important steps of Egypt towards the self-sufficiency of gas, where the production of the gas field is expected to reach about 2 billion feet per day.
According to press releases of former Oil Minister Engineer Tariq Mulla, the ministry has been able to add about 1.6 billion cubic feet per day of gas from the beginning of 2017 up to At the production of 4 projects in the first phase of the project north of Alexandria. Seagull, begins the production of the Atoll field, begins the early production of the rear field.
The investments of the Italian company ENI to develop the field and start production of about 5 billion dollars to drill 7 wells According to the investment plan and the map of exploration and development in the concession, investments in the region are expected to reach $ 12 billion. Secondly, up to $ 16 billion for the duration of the project.
The Minister of Petroleum said in televised statements that Egypt's share of the field "back" depends on the economic equilibrium with the foreign partner, not less than 40%, following "plus the rear-field production increased our share, 50%. "
See news in Source Africa Gate
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