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GAZA - EGYPT: Construction plans for proposed $400,000,000 gas field development project in conjunction with installation of possible natural gas pipeline, BG PLC [UK] Order #: 084105.

Publication: WWP- Report on Oil Gas & Petrochemicals in the Developing World
Publication Date: 01-AUG-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

Trial drillings completed by UK-based BG PLC on the Gaza Marine gas field 5 years ago proved that gas production there was commercially worthwhile. The deposit, for that matter, has now been estimated to contain reserves of 1.2 trillion cubic feet. The cost to develop the find has been pegged at $400,000,000.

In addition, the British company is also said to be considering the construction...

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