OREANDA-NEWS. November 17, 2014. NJSC Naftogaz Ukrainy keeps on implementing the project of extraction of hydrocarbons on the territory of Alam EL Shawish East in the Western Desert in Egypt.

In September this year, launching a first phase of the gas pipeline and finishing the development of fields allowed to start production of natural gas in the amount of about 300,000 cubic meters per day. In September and October a total amount of 19 million cubic meters of natural gas has been extracted.

A total of 16 wildcats, 12 test wells and 12 exploitation wells have been drilled, as well seven oil and gas fields have been explored and extraction has been started at four of them.

In 2015, it is planned to complete building the technological infrastructure on the fields and commissioning pipelines, so it will be possible to connect other producing wells as well as increase oil production to 950 tons (now approximately 740 tons) and 700,000 cubic meters of gas per day.

According to preliminary estimates, Naftogaz will produce up to 260,000 tons of oil on the concession territory of Alam EL Shawish East in 2014, which is 11-12% of annual oil extraction in Ukraine. In 2009, oil extraction was more than 680,000 tons.