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Oil & Gas

GASCO studies investing $500 million in Western Desert Gas Complex

Posted: July 26, 2016 at 12:50 pm   /   by   /   comments (0)

WDGCThe Egyptian Natural Gas Company (GASCO) is studying investing USD 500 million in the second phase of the project to increase the production of the ethane-propane mix from the Western Desert Gas Complex, Al Shorouk reported.

The company is also studying a project to transport natural gas from the Raven field in the North Alexandria Concession to the gas complex at a rate of 450 mcf/d and a total cost of USD 105 mn, the Oil Ministry said in a statement.

(Source: Enterprise.press)

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