Media ININ Economy We Trust
Media In – Cairo, May 30, 2018
Egyptian Minister of Petroleum and Mineral Resources Tareq Al-Mulla inspected the stages of work in the field of natural gas field in Port Said Governorate. The development of the remaining phases of the field’s production is being accelerated according to the current time program to reach the maximum production target of 2.7 billion cubic feet per day In 2019.
According to the official website of the Ministry of Petroleum, the production of the current field of Hafar has tripled since the start of production last December to reach more than one billion cubic feet of gas per day, and it is planned to add another billion cubic feet of gas before the end of this year, Other gas projects to achieve self-sufficiency of target gas end of 2018.
He pointed out that the field of noon is a bright sign in the history of the Egyptian gas industry and represents a model for creating the climate to attract more investments in the fields of research and exploration in the adjacent areas in the deep waters of the Mediterranean Sea, which increases the production and reserves of Egypt gas, and is also a landmark in the history Egyptian oil companies working in the project and the huge volume of work carried out and unprecedented records in such major projects and it is a strong supporter of its participation and competition of international companies in the implementation of major oil projects both inside Egypt and abroad
