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Rising Nile Delta gas output offers the promise of relief to ongoing shortages.
Egypt’s gas output has fallen every quarter since Q3 2012, dropping to just 4.2bn cfd in the third quarter of this year. A significant hike is unlikely before late 2017 when Cairo hopes to have started up the recently-approved 30 tcf Zohr and 5 tcf West Nile Delta developments.
But in the short-term Cairo is looking to recent Nile Delta onshore discoveries to provide a boost. New gas output will come not a moment too soon, as gas shortages have seen industry suffer from factory and petrochemical plant shutdowns during peak demand summer months. (CONTINUED - 908 WORDS)