Ahmad 
The Egyptian Ministry of Petroleum and Mineral Resources is working on implementing a new natural gas processing project in the Western Desert region, with an investment cost estimated at $600 million.
The project aims to operate the station, which is operated by “Agiba Petroleum” Company, experimentally in mid-2025 to support the national gas network and increase natural gas supplies in the country.
According to a government source, the Egyptian company “Petrojet” is supervising the implementation of the project as a general contractor, while “Schlumberger” is participating in some aspects of design, engineering and procurement.
The construction of the station is planned to be completed by the first quarter of 2025, to be followed by experimental operation and receiving gas produced from the concession fields in the region.
This project comes within the framework of the Ministry of Petroleum’s plan to expand gas and oil production, as Minister Karim Badawi stated before a parliamentary committee specialized in the government program, that the ministry aims to drill 110 exploratory wells with investments amounting to $1.2 billion during the fiscal year 2024-2025, and 586 additional wells with investments amounting to $7.2 billion until 2030.
“Agiba Petroleum” seeks to increase its daily production to reach 30 thousand barrels of crude oil and 119 million cubic feet of natural gas during the fiscal year 2024-2025, supported by this vital project that will contribute to meeting the growing local demand for gas and expanding Egypt’s export capacity.
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