Mahmoud Shaaban
Emirati-based Dana Gas targets raising production capacity of its local partner in Egypt, El Wastani Petroleum Company (WASCO), to 235 million cubic feet of natural gas and 8,200 barrels of condensates daily.
The current production of WASCO is estimated at 195 million cubic feet of natural gas and 6,200 barrels of condensates per day.
The Emirati firm showcased its plan to raise production capacity during its meeting with Egyptian Oil Minister Tarek El-Molla on Sunday.
El-Molla met with Iman Hill -Technical Director and General Manager UAE and Egypt- and General Manager of Dana Gas-Egypt, Michael Pyszka, El-Molla to discuss company's plans to explore gas and oil in its concession areas in Nile Delta.
