BP: Egypt’s West Nile Delta fields to yield 400 mcf daily by end-2018

BP will begin production at two of its Egyptian gas fields as part of its West Nile Delta project by the end of 2018, a petroleum ministry statement said on Monday.

The fields, Fayoum and Giza, will initially yield around 400 million cubic feet of gas per day, by the end of 2018, the statement added.

Production would increase to 700 million cubic feet per day later next year, it said.

The statement followed Egyptian Oil Minister Tarek el-Molla’s meeting with Bernard Looney, BP’s head of upstream; and Hesham Mekawi, regional head for BP North Africa, in Cairo early Monday.

BP started gas production from two other fields in its West Nile Delta development last year.

Egypt has been seeking to speed up production from recently discovered fields, with an eye to halting imports by 2019 and achieving self-sufficiency.