BP Announces First Gas at Second Stage of West Nile Delta Project
February 11 2019 - 4:56AM
Dow Jones News
By Oliver Griffin
BP PLC (BP.LN) said Monday that it has reached first gas
production at the second stage of its West Nile Delta development
offshore Egypt, keeping it on track to produce 900,000 barrels of
oil equivalent a day by 2021.
The U.K. oil-and-gas major said the milestone was the second in
a string of new upstream major projects expected to be brought
online in 2019.
Peak production at the second stage of the West Nile Delta is
expected to be around 700 million cubic feet of gas a day, the
company said.
BP said that when fully on-stream later in the year, combined
production from all three phases at the West Nile Delta is expected
be around 1.4 billion cubic feet of gas a day, representing around
20% of Egypt's current gas production.
The company has an 82.8% operating stake in the development. BP
said all the gas produced will be fed into Egypt's national gas
grid.
Write to Oliver Griffin at oliver.griffin@dowjones.com;
@OliGGriffin
(END) Dow Jones Newswires
February 11, 2019 04:41 ET (09:41 GMT)
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