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    Dana Gas to Upgrade Egypt Plant, Up Gas Output by 25%

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Summary

Dana Gas plans to upgrade its El Wastani plant in Egypt intending to expand its production output capacity by 40 mmscfd to 200 mmscfd, a 25% increase.

by: shardul

Posted in:

Asia/Oceania

Dana Gas to Upgrade Egypt Plant, Up Gas Output by 25%

Dana Gas plans to upgrade its El Wastani plant in Egypt intending to expand its production output capacity by 40 mmscfd to 200 mmscfd, a 25% increase.

The additional capacity will allow increased production from the Salama/Tulip, Faraskur and South Abu El Naga fields via a new pipeline tie-in, Dana Gas said.

“A scheduled shutdown of the El Wastani facility for capacity enhancement and maintenance was planned as soon as we had received permission to commercialize the new fields. It is a necessary work and the tie-in of the new wells along with the maintenance program ensures that the plant is also fully upgraded prior to new wells coming on stream during the year. The result will see our production rise by 6,650 boepd and is in line with our stated ambition of increasing production to meet the local demand,” Mark Fenton, Dana Gas Egypt General Manager, said.

Last week, the company announced that it had signed an agreement with the Egyptian government to develop its first offshore concession in Egypt, in the North El Arish 2,980 sq. km. (Block 6) Concession Area, offshore the eastern Nile Delta.

Dana Gas also announced that it had been awarded a new development lease at Balsam, in addition to increasing the areas of its current El Basant and Sama development leases to encompass the Allium and West Sama discoveries, respectively.

Dana Gas is currently the 6th largest gas producer in Egypt, and operates in the Nile Delta through the El Wastani Petroleum Company (Wasco), Dana Gas’ joint-venture company with the Egyptian Natural Gas Holding Company (EGAS).

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