Egypt achieves 1.56 bcf/d natural gas surplus

Egypt has achieved an average natural gas surplus of 1.56 bn cf/d, an Oil Ministry source told the local press.Production at the Zohr natural gas field is expected to rise to 2.95 bcf/d by next July, up from 2.3 bcf/d currently. The country’s average gas consumption is expected to reach 6.39 bcf/d through FY2019-2020 out of a total production capacity of 7.95 bcf/d. Surplus gas is being exported through liquefaction plants in Idku and Damietta.