Egypt aims to increase gas production to 8 bcf/d by FY2020-2021, up from 7 bcf/day currently, an oil industry source told the local press. Output is projected to rise to 7.5 bcf/d by the end of the current fiscal year in June, raising surplus production to 1.5 bcf/d from 1.3 bcf/d currently. All of the surplus gas is currently being exported to Jordan and through the Idku LNG plant, the source said.

Tags: