BP has signed the final agreements of the West Nile Delta (WND) project to develop 5 trillion cubic feet (Tcf) of gas resources and 55 million barrels (MMbbl) of condensates with an estimated investment of around $12 billion by BP and its partner.
Production from WND is expected to reach up to 1.2 billion cubic feet a day (Bcf/d), equivalent to about 25% of Egypt’s current gas production, and to contribute to increasing the supply of energy in Egypt. All the produced gas will be fed into the country’s national gas grid, helping to meet the anticipated growth in local demand for energy.
Gas will be produced from two BP-operated offshore concession blocks, North Alexandria and West Mediterranean Deepwater. BP believes that there is the potential through future exploration to add a further 5–7 Tcf, which could boost WND production with additional investments.
Production is expected to start in 2017.