Thursday, March 16, 2017

Royal Dutch Shell to increase gas production to 1 bcf/d in the next few years - ENTERPRISE / AHRAM GATE

Thursday, 16 March 2017

Royal Dutch Shell is looking to raise natural gas production from its Mediterranean offshore concessions to 1 bcf/d from a current 500 mcf/d in the next few years, Ahram Gate reports, following up on a meeting yesterday between Shell Egypt Chairman and MD Gasser Hanter and Oil Minister Tarek El Molla.

The company reportedly pledged to increase oil production from its Western Desert concessions to 200K bbl/d from a current 130K bbl/d at the same meeting.