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    The National: Dana Gas Looks Forward to Production in Egypt and Sharjah

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Summary

Dana Gas's chief executive has said that the company hopes to ramp up production in Egypt following an agreement with the government last year

by: Erica Mills

Posted in:

Press Notes, Africa

The National: Dana Gas Looks Forward to Production in Egypt and Sharjah

Dana Gas is on track to produce 40 million cubic feet of gas from the Zora field in Sharjah and ramp up production in Egypt this year, the company’s chief executive said.

“The infrastructure is sized for 40 million standard cubic feet of gas per day, and that’s what we expect to be able to produce from the reservoirs fairly quickly after gas comes on stream in a couple of months,” said Patrick Allman-Ward.

Gas from the Zora field, located in the waters off Sharjah and Ajman, will be used for power generation.

In Egypt, the company is hoping to increase production as it implements an agreement with the government signed in September last year, solving the problems of arrears.

Read the full article HERE.