Second phase of Chevron's Nigerian gas project to come on stream

Jul 26, 2000 02:00 AM

The second phase of Chevron's $ 1 bn Escravos gas project in Nigeria is to come on stream. Instigated to promote the commercialisation of gas, phase one of the project saw the production of 130 mm cfpd of dry gas, over 8,000 bpd LPG and NGL, and 2,000 bpd of condensate. Phase two will involve increasing capacity by 110 mm cfpd of gas and 6,700 bpd of liquids.
Chevron believe that completion of both phases will cut gas flaring in the Nigerian fields by more than 60 % and eventually reach zero-flaring stage by 2005 when stage three is complete. This phase is to conserve energy by gathering 120 mm cfpd of associated gas currently being flared in Chevron's offshore fields.
Exploration & Production firms in Nigeria are aiming to end flaring by 2008 - as stipulated by the government. But the current low price of gas in the area stands as a major drawback in building such projects as the Escravos scheme.

Source: Energy24
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