Egypt saw an increase in natural gas production from 4.35bcf/d to 4.45bcf/d in November with the connection of new wells to the national grid to make up for the falling rates in gas production.

According to a source at the Egyptian Natural Gas Holding Company (EGAS), the country added new wells with capacity of 100Mmcf/d of gas to production, thereby boosting the total local production.

Therefore, Egypt decreased its gas imports to 950Mmcf/d. 850Mmcf/d through the two floating storage regasification units (FSRUs) in Al Sokhna Port and 100Mmcf/d of gas through the FSRU located in Jordan’s Aqaba Port.

The EGAS source added that the company has secured alternatives for local gas demands estimated at 5.25bcf/d of gas, Egypt Oil & Gas reports.

EGAS had estimated Egypt’s local market gas demand at 6.5bcf/d during the summer of 2017. 4.4bcf/d of gas will be for power plants, 1.2bcf/d for households, vehicles, as well as medium-to-low consuming factories while the remaining 900mcf/d of gas would be supplied to heavy consuming factories.

Anita Fatunji