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    Energy Voice: BP Finalises Deal to Develop Egypt’s West Nile Delta Gas Fields

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Summary

BP has announced the finalisation of a deal in Egypt, the West Nile Delta project, which is estimated to have 5 tcf of gas. The company will invest $12 billion.

by: Erica Mills

Posted in:

Press Notes, Africa

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Energy Voice: BP Finalises Deal to Develop Egypt’s West Nile Delta Gas Fields

BP has signed the final agreements of the West Nile Delta project, which has an estimated investment of $12billion.

The project is set to develop 5 trillion cubic feet of gas resources and 55 million barrels of condensates.

Production from the project is expected to reach up to 1.2billion cubic feet per day (bcf/d), equivalent to about 25% of Egypt’s current gas production and significantly contribute to increasing the supply of energy in Egypt.

Read the full article HERE.

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