KIEV, May 13 - Naftogaz Ukrayiny expects to boost its hydrocarbon production in Egypt to 10,000 barrels per day in the next two years.
"In the next one-and-a-half to two years we plan to [boost production at] all the fields that have been discovered and attain a production level of 10,000 barrels of oil per day," the head of ZakordonNaftogaz, Filipp Karpeko, said in an interview with the Ukrainian Delo newspaper.
Naftogaz currently produces hydrocarbons at the Alam El Shawish East concession in western Egypt. Alam El Shawish East, which covers about 994 square kilometers, currently produces 1,500 bpd. In future, Naftogaz plans to begin producing at two blocks in the southern desert covering about 22,000 square kilometers.
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