Two Egyptian oil companies are bucking the industry trend of flaring associated gas by using it for power generation instead, an Oil Ministry source said, according to Youm7.
Dana Petroleum-EGPC JV Petro Kareem and Vegas-EGPC JV Petro Amir began a project last March to process gas produced at oil fields either for on-site electricity or for the national grid. Fields operated by the companies produce 55 tonnes of gas and 112 tonnes of condensates, along with 10 mcf/d of gas worth around USD 27 mn. Egypt, which is the 11th biggest gas-flaring country in the world, is a signatory to a global initiative aimed at ending routine gas flaring by 2030.
