BG/BP West Delta Tie-Up

BP CEO Robert Dudley, in remarks to his company’s Q2 conference call last week, laid out the possibility that the firm’s planned $10bn West Nile Delta project will share onshore facilities with BG (under-utilized) WDDM ones.

“West Nile Delta is a large, almost shovel-ready project… It develops offshore gas and brings it onshore for the domestic market, and it’s a very economic project, it’s a big project. We have been working with the government. This is a project they really want to see happen… we’re looking for ways to accelerate because Egypt needs gas. They’d like us to accelerate. There may be some facilities available through the BG system that may be playing a part in this as an option to accelerate, but that project is going forward,” he said. (CONTINUED - 204 WORDS)