Egyptian Bahrain Gas Derivatives Co., a joint venture involving Dana Gas PJSC, loaded the first propane cargo on Oct. 1 from its NGL extraction plant at Ras Shukheir, Egypt. The project has taken more than 2 years to complete.
The plant is fed at 55-80 MMscfd from the nearby Unit 104 gas plant of Egyptian General Petroleum Corp. When fully operating, said the company, the plant will extract 120,000 tonnes/year of propane and butane from a gas stream of 150 MMscfd (OGJ, June 23, 2008, p. 50). The feed gas rate is to increase gradually once gas is received from gas fields in and around Ras Shukheir.
Rashid Al Jawan, executive director and acting chief executive officer of Dana Gas, said the Ras Shukheir plant is the company’s third gas processing plant to be commissioned in Egypt. Its total cost was about $125 million. The extraction plant sits adjacent to EGPC’s Unit 104 gas plant at Ras Shukheir.
Gas processing and marketing of propane and butane are the main activities of the project, said the company, which expects the plant to recover 100% of the butane in feed gas form and 97% in propane form. The butane is sold in Egypt, while the propane will be exported. Residue gas will be supplied to the national gas grid.
The announcement said Dana Gas holds 26.4% interest in EBGDC through Dana Gas’s 66% ownership of Danagaz Bahrain, which holds 40% of EBGDC. Other shareholders include Egyptian Natural Gas Holding Co. (Egas; 40%) and Arab Petroleum Investments Corp., a pan-Arab financial institution based in Saudi Arabia (20%; OGJ Online, July 23, 2007).
Dana Gas operates in the Nile Delta producing gas and associated liquids from 11 fields and is the 50% operator alongside Sea Dragon Energy and produces oil from a field in Upper Egypt.
During 2011, Dana Gas Egypt produced 77.67 bcf of gas and 2.6 million bbl of liquids, it said.
Contact Warren R. True at [email protected].